Hynix ramping up in China

February 23, 2004 – Now in the final stages of factory site selection, Hynix Semiconductor’s China affiliate could begin commercial production of memory chips by 2H05, according to the Korea Times.

The company exported chips to China via its operations in Eugene, OR, thereby sidestepping tariffs levied by the US and EU, and may also move some production from South Korea to China. In addition, the company also said it will boost production of NAND flash memory from 10,000 units/month to 30,000 units/month by the end of 2004.

Hynix also said that its flash business would not be impacted by Samsung Electronics’ recently-announced plan to cut flash memory prices by up to 45% this year.

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