SK Hynix is reportedly exploring options to sell its stake in a semiconductor packaging plant located in Chongqing, China.
According to a report by Bloomberg on August 8, SK Hynix is in discussions with consulting firms regarding various options for the Chongqing facility. If the sale goes through, the stake could be valued at approximately $3 billion (about 4 trillion won).
Potential buyers include Chinese funds and local semiconductor companies, and SK Hynix may retain a minority stake in the plant.
However, sources indicate that discussions are still in the early stages, and a transaction may not materialize.
Bloomberg reported that SK Hynix declined to confirm the details related to the potential sale.
The Chongqing plant, which began mass production in July 2014, serves as a key post-processing hub in China for NAND flash packaging and testing.
* This article has been translated by AI.
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