Solidigm, the flash memory business owned by SK Hynix, is seeking U.S. approval to export American chipmaking equipment to its plant in Dalian, China. The move is tied to its continued plans to build a semiconductor factory in the United States. According to the report, Solidigm is planning a NAND flash chip plant in the U.S. and is considering upstate New York as a possible location.
SK Hynix told TechCrunch that it is not looking to expand capacity at the Dalian Mod B plant, which was completed in 2023. The company added that the equipment installation was carried out after discussions with the U.S. government and with authorization in place. Separately, Solidigm is reportedly preparing for a U.S. initial public offering as early as 2027. The listing could raise about $10 billion and value the company at as much as $100 billion.
Solidigm, SK Hynix's flash memory unit, is seeking U.S. approval to export American chipmaking equipment to its plant in Dalian, China, as a condition tied to its continued construction of a semiconductor factory in the United States.
The company is reportedly planning to build a NAND flash chip plant in the U.S., with upstate New York under consideration as one potential site.
SK Hynix told TechCrunch that it is not seeking to expand capacity at the Dalian Mod B plant completed in 2023. It also said the equipment installation was conducted after discussions with the U.S. government and with authorization granted.
Separately, Solidigm is reportedly preparing for an initial public offering in the U.S. as early as 2027. The offering could raise about $10 billion and value the company at up to $100 billion.
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