SK Hynix Halts US$3.3 Billion Memory Chip Plant Expansion
SK Hynix, the South Korean chipmaker, announced that it has postponed all expansion plans for a new US$3.3 billion (~RM14.7 billion) memory chip plant, indefinitely. The chipmaker’s decision to put things on hold can be attributed to the rising cost and a lull in the market demand for chips, among other issues. According to Nikkei,…
