[Concall] SK Hynix "Intel NAND China Approval Delayed More Than Expected... Have Backup Scenario"
[Asia Economy Reporter Jeong Hyunjin] SK Hynix stated on the 26th during the Q3 earnings conference call that "(The approval of Intel's NAND business division in China) was originally expected around the end of Q3 as planned, but it has been slightly delayed, and we aim to receive approval within Q4 and close the deal within the year if possible." They added, "Although it is a bit delayed, we expect the Chinese government to make a reasonable decision and approve it within the year," and "We have various backup scenarios internally and will be able to operate the business without significant disruption to the existing plan."
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