Semiconductors

SK Hynix Says U.S. Memory Production Not Finalized, Clarifies Intel Negotiation Report

TECHWORLD ·

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Reuters reported that SK Hynix was in talks with Intel over memory semiconductor production in the U.S.

The Reuters report also included a plan to lease part of Intel's semiconductor manufacturing facility in Ohio and a plan to establish a joint venture involving SK Hynix, Intel, and major cloud companies.

SK Hynix said there are no finalized decisions regarding U.S. production or cooperation with Intel.

Reuters reported on the 16th, citing multiple sources, that SK Hynix was in negotiations with Intel over memory semiconductor production in the U.S. Reuters said a plan was also being discussed for SK Hynix to lease part of Intel's long-term planned semiconductor manufacturing facility in Ohio.

The Reuters report also said that a plan to establish a joint venture involving SK Hynix, Intel, and major cloud companies was under discussion.

In response, SK Hynix issued a statement on the 16th saying that nothing has been finalized regarding memory semiconductor production in the U.S. or negotiations with Intel. SK Hynix said its position is that nothing has been decided at present.

SK Hynix said it is reviewing a range of options to strengthen its global competitiveness, but has not decided to cooperate with any specific company. It added that no decision has been made regarding production in the U.S. either.

Shortly after Reuters reported the possibility that SK Hynix could produce memory semiconductors in the U.S. for the first time, SK Hynix immediately said in its statement that any cooperation with specific companies, including the two scenarios mentioned in the report, as well as any U.S. production plans, remain unfinalized.

A SK Hynix official said the company is reviewing a range of options to strengthen its global competitiveness, but no matters have been finalized at present. The official also asked readers to pay attention to related reports.

At present, specific plans for cooperation between SK Hynix and Intel remain undecided. The company also said whether it will use production facilities in the U.S. remains undecided.

Source: TECHWORLD · Park Kyu-chan
Original: https://www.epnc.co.kr/news/articleView.html?idxno=407040

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Source: TECHWORLD

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