SK hynix Subsidiary Solidigm’s U.S. NAND Plant And Overseas Equipment Export Plans For China Could Go Up In Smoke As Korean Authorities Sprout Regulatory Hurdles
Solidigm has many cogs in the company’s grand plans to establish a manufacturing footprint in the United States, but the SK hynix subsidiary could run into obstacles that might make scaling difficult, thanks to South Korea’s top financial watchdog stepping in. This presents complications in the funding that Solidigm requires to set up its NAND production plant in the U.S. while also appeasing the Trump administration to export equipment to China. The Nasdaq IPO in the U.S. is a gateway for Solidigm to accumulate funds for a NAND plant, but Korean regulatory authorities reportedly call it a…
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