SK hynix is weighing options for its chip packaging plant in Chongqing, China, the company said Sunday, following reports it may sell a stake in the operation.

SK Hynix is exploring options for its $3B Chongqing plant as US export controls block equipment upgrades at its Chinese facilities.

SK Hynix is exploring a stake sale or outside investor for its $3 billion Chongqing packaging facility as US export controls limit equipment