Samsung, SK Hynix (SKHY.US) Reportedly Seek to Upgrade China Plants: Aiming to Win AI Orders and Prevent Yangtze Memory from Gaining Share

Zhitong Finance APP has learned that, according to four people familiar with the matter, Samsung Electronics and SK Hynix (SKHY.US) are upgrading production lines at their Chinese factories to manufacture more advanced memory chips, aiming to withstand competition from fast-growing Chinese rivals and meet massive artificial intelligence (AI) demand.