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

Source: Tech – South China Morning PostSouth 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 “looking into various solutions to enhance the competitiveness of its packaging business”, after…Read More

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