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SK hynix to expand production capacity in China as it mulls Solidigm IPO, report claims — second phase of fab could boost local production by 50%

As demand for high-end data center SSDs peak, SK hynix upgrades its Chinese facilities and plans Solidigm listing at NASDAQ.

SK hynix to expand production capacity in China as it mulls Solidigm IPO, report claims — second phase of fab could boost local production by 50%

SK hynix, the South Korean semiconductor giant, is planning to expand production capacity in China as it considers listing a portion of Solidigm's shares on NASDAQ, according to a report by Sedaily. The second phase of Solidigm's fab in Dalian, China, could boost local production by approximately 50% by 2027. This expansion comes after SK hynix acquired Intel's 3D NAND and SSD business in 2021 and formed its Solidigm subsidiary.

The company had previously suspended any expansions due to market downturns and U.S. export controls, but as demand for solid-state storage is soaring, SK hynix is reconsidering its plans. The second phase of Solidigm's fab, expected to start mass production in 2027, will be capable of producing around 50,000 wafer starts per month.

Combined with the existing first phase, this would increase Solidigm's NAND production capacity in Dalian by about 50%, reaching approximately 150,000 WSPM. This expansion will also enable Solidigm to produce its 245TB-class SSDs in decent quantities starting in 2027.

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