South Korea's ruling party seeks to ease rules for SK Hynix joint ventures. This move aims to attract outside capital for new chip factories. The proposed law change allows subsidiaries to form ventures with investors. SK Hynix needs significant funds for its aggressive chip expansion plans. New ventures must also locate outside the Seoul metropolitan area.

SEOUL, July 14 : South Korea's ruling party is seeking to make it easier for chipmaker SK Hynix to set up ventures to build factories with outside investors — a move that follows…

South Korea's ruling party seeks to ease rules for SK Hynix joint ventures. This move aims to attract outside capital for new chip factories. The proposed law change allows…