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SK Hynix halts Chinese chip plant upgrade over U.S. restrictions

Memory chip supplier had sought to install advanced production equipment from ASML

A security guard stands watch at SK Hynix headquarters in Incheon, South Korea.   © Reuters

SEOUL -- South Korea's SK Hynix, one of the world's top suppliers of memory chips, has reportedly halted the installation of cutting-edge production equipment at a key Chinese plant over American trade policies dating back to the Trump era.

The company had planned to bring the extreme-ultraviolet lithography (EUV) equipment to the Jiangsu Province plant, which produces about 40% of SK Hynix's DRAM chips by shipment volume.

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