SK Hynix is reportedly evaluating asset plans for Chongqing, including the introduction of investors.

date
08/08/2026
According to sources familiar with the matter, SK Hynix is exploring options for its Chongqing assets, including bringing in investors to help accelerate growth. The sources indicate that as a key supplier of high-bandwidth memory chips to NVIDIA, SK Hynix is in discussions with potential advisors to assess this business. Sources say that a potential equity sale could value the facility at around $3 billion. According to SK Hynix's website, the company entered the Chinese market over 20 years ago, signing an agreement to build its first large overseas wafer manufacturing plant in Wuxi. The facility in Chongqing is a critical semiconductor packaging and testing base for SK Hynix. Sources state that potential bidders may include Chinese funds and industrial investors, with SK Hynix likely to retain a minority stake in the asset. They also noted that discussions are still in the preliminary stages and may not result in any transaction.