Global chip shortage news - South Korea's Hynix plans to boost production threatened by US moves over China

Reuters have the report concerning threats to plans made by South Korea chip manufacturer Hynix.

  • planned to overhaul a large facility in China
  • with the intent of making memory chips more efficiently

SK Hynix production plans call for the company to upgrade a mass production facility in Wuxi, China, with some of the latest extreme ultraviolet lithography (EUV) chipmaking machines made by Dutch firm ASML

But, U.S. officials do not want advanced equipment used in the process to enter into China.

Link to Reuters report here for more.

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