GoKawiilSolidigm reportedly seeks US approval to fund $45B American plant via China upgrade
Solidigm, SK hynix's US subsidiary, is reportedly negotiating with the Commerce Department over a $45 billion flash memory factory planned for the United States. According to Bloomberg, citing unnamed sources, the company wants permission to export upgrade equipment to its existing NAND plant in Dalian, China, arguing that upgraded output there would help finance the new US facility. It remains unclear how officials have responded or whether the export request will be approved.
GoKawiil's interpretation of the reporting above, not reported fact.
The request tests how far Washington will bend its China export restrictions, which it has cited as a national security priority, in order to secure domestic chip manufacturing investment. Approval could set a precedent for other chipmakers seeking to link US expansion to Chinese operations, while refusal could complicate financing for Solidigm's planned plant. The episode also sits alongside broader concerns about controlled technology reaching China, including reported chip smuggling cases.
- Solidigm reportedly wants to invest $45 billion in a new US flash memory plant.
- The company is said to be seeking US approval to export upgrade equipment to its Dalian, China facility to help fund the US project.
- The Commerce Department's response to the proposal is not yet known, amid broader US restrictions on tech exports to China.
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Published there as: “SK hynix-owned Solidigm is plotting a new $45 billion flash memory factory for the US, report claims”
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