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Why does SK Hynix want to sell its chip facility in southwest China?

South Korean chipmaker SK Hynix’s potential deal to offload a packaging plant in southwest China is part of a strategic pivot towards higher-margin artificial intelligence (AI) memory products, according to analysts. But a sale might not be straightforward, as the memory chip giant would need to navigate valuation hurdles and a volatile chip cycle, they cautioned. SK Hynix said on Monday it was…

Why does SK Hynix want to sell its chip facility in southwest China?

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