It is reported that SK Hynix Semiconductor (China) has been removed from the Market Supervision Bureau’s list of abnormal operations

According to this site’s news on July 15, the Science and Technology Innovation Board Daily quoted sources as saying that SK Hynix Semiconductor (China) Co., Ltd. was removed from the list of abnormal operations by the local Market Supervision Bureau on July 15. According to reports, SK Hynix was included in the abnormal operating list on July 5 this year. After verification, the company has fulfilled its relevant obligations. After submitting an application for credit repair on July 15, the Wuxi National High-tech Industrial Development Zone Market Supervision Bureau It will be removed from the business abnormality list on the same day. According to inquiries on this site, SK Hynix Semiconductor (China) Co., Ltd. was invested and established in Wuxi, Jiangsu Province in April 2005. It is the largest overseas production base of South Korea's SK Hynix Co., Ltd. The company mainly produces DRAM, and its product applications include servers, smartphones, computers, consumer electronics and other fields.

In May this year, it was reported that SK Hynix System Integrated Circuit, a subsidiary of SK Hynix, planned to transfer its 49.9% stake in SK Hynix System Integrated Circuit (Wuxi) Co., Ltd. to Wuxi Industrial Development Group Co., Ltd.

SK Hynix System Integrated Circuit was independent from the parent company in 2018. It is mainly engaged in the 8-inch wafer mature process foundry business, and its products cover automotive PMIC, TV DDI and other categories. Korean media hankyung believes that SK Hynix System Integrated Circuit’s move is to strengthen the connection between Wuxi wafer factory and the Chinese market and expand its business in China.

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