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SK hynix Investment in New York May Face Uncertainty

The $45 billion investment plan for a semiconductor factory in New York, which was being promoted by Solidigm, SK hynix’s U.S. NAND flash sub-subsidiary, has been stalled.Reuters reported on Nov.

  • SK hynix faces investment roadblock in New York due to export license denial.
  • U.S. Department of Commerce withholds export licenses for advanced semiconductor equipment.
  • Company considers alternative sites for NAND factory as decision remains pending.

U.S. Democratic Party's Win Poses Risk for Korean Semiconductors

Analysis suggests that if the U.S. Democratic Party takes control of Congress, changes in policies and regulations will be limited, which could have a positive effect on the financial market.

  • Democrats' 2022 midterm win could lead to policy changes affecting Korean semiconductors
  • Strengthened regulations on data center construction may impact industry growth
  • Democratic control over Congress could scrutinize investment agreements with U.S.

Korean Conglomerates Shift Bases from China to U.S.

The shift of South Korean conglomerates’ overseas business hubs from China to the United States is directly connected to the rapidly changing international situation.

  • South Korean conglomerates moving bases from China to U.S.
  • Number of U.S. affiliates for major groups rose 3.3x in 10 years
  • U.S. now holds 26.5% of overseas affiliates vs China's 23.1%

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