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.