[Concall] SK Hynix "Changes in China Production Base Not Easy in Short Term"

[Asia Economy Reporter Moon Chaeseok] On the 26th, during the Q3 earnings conference call, SK Hynix was asked whether it would diversify its production bases outside China following the one-year grace period on U.S. export controls on equipment to China. The company responded, "Diversifying production bases appears to be indispensable in the mid-to-long term, but in the short term, as you know, it is not an easy situation to make changes to the current production base."

The company added, "Under the (U.S.) license (related control) one-year grace period, it can be said that we have received permission to a certain extent for investments being developed or made within the (Chinese) fab at this time."

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