Intel’s old NAND plant in China is now officially registered as SK hynix after US imposes new sanctions that limit fab upgrades in China

Intel's NAND plant in China is now officially under SK hynix ownership following a $9 billion acquisition. The U.S. Commerce Department's revocation of licenses allowing Samsung and SK hynix to import American semiconductor gear into China without approval impacts the Dalian site's ability to upgrade to newer equipment. The plant, currently producing 192-layer NAND, may face limitations in transitioning to more advanced technologies without access to cutting-edge U.S. tools. SK hynix's ownership remains intact, but the restrictions imposed by the U.S. government may hinder its scaling efforts in China.