Sk Hynix system IC, SK Hynix system IC, a OEM subsidiary of SK Hynix, has sold all of its semiconductor production equipment at its Chungking North Korea plant to the group's joint venture in Wuxi, China. Sk Hynix system IC was established by SK Hynix in 2017 and established a joint venture with Wuxi government investment company in 2018. The construction of its wafer plant has been completed in the first quarter of 2020, and the wafer plant is currently in trial production stage.
According to reports, SK Hynix system IC sold 1206 semiconductor production equipment to the Wuxi joint venture, with a transaction value of 194.2 billion won (about 170 million US dollars), accounting for 29.2% of the total assets of the former.
According to sk Hynix's plan, the 200 mm wafer production line in Qingzhou will become the manufacturing of low-end products of SK Hynix. At its headquarters in Korea, SK Hynix's manufacturing business will focus on high value-added products, including 300 mm wafer image sensors. |
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