SEOUL/TOKYO -- South Korean chipmaker SK Hynix has indefinitely postponed plans for a 4.3 trillion won ($3.3 billion) expansion of a memory chip plant, it was learned Wednesday, amid rising costs and concerns about a protracted slump in demand.
Semiconductors
SK Hynix freezes $3.3bn memory chip plant expansion
Cooling market and higher costs dampen semiconductor investment
SK Hynix faces a sluggish memory chip market. (Photo courtesy of SK Hynix)
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