Recently, Intel's Fab 68 flash memory wafer facility in Dalian underwent an official rebranding to SK Hynix Semiconductor Memory Technology (Dalian) Co., Ltd. This move signifies the complete conclusion of SK Hynix's acquisition of Intel's flash memory division, with Intel making a formal exit from the flash memory sector. In 2020, SK Hynix revealed plans to acquire Intel's flash memory and associated technology businesses for a staggering $9 billion, encompassing this particular wafer plant. This year in March, Intel was officially removed from the shareholder roster, culminating in the formal completion of the transaction in April. The newly established entity will retain the LOGO of its subsidiary brand, Solidigm.
Previously, the plant faced obstacles in upgrading its technology due to the U.S. Department of Commerce's repeal of the 'Validated End-User' license policy. This policy had previously allowed certain approved end-users to import advanced technologies without the need for individual licenses. Its cancellation meant that the factory was barred from introducing cutting-edge equipment for enhancements, a move that is set to constrain its technological progress and impact its competitive edge. Presently, the factory continues to manufacture 192-layer flash memory products and may persist with its current technological setup for an extended period in the foreseeable future.
