{"id":5297,"date":"2004-08-18T07:42:34","date_gmt":"2004-08-18T07:42:34","guid":{"rendered":"http:\/\/localhost:8080\/hynix-contracted-with-wuxi-city-for-the-china-chip-plant\/"},"modified":"2026-06-10T10:11:12","modified_gmt":"2026-06-10T10:11:12","slug":"hynix-contracted-with-wuxi-city-for-the-china-chip-plant","status":"publish","type":"post","link":"https:\/\/news.skhynix.com\/en\/hynix-contracted-with-wuxi-city-for-the-china-chip-plant\/","title":{"rendered":"hynix Contracted with Wuxi City for the China Chip Plant"},"content":{"rendered":"<p><strong>Seoul, August 18, 2004<\/strong><br \/>\nhynix Semiconductor Inc. (\u2018hynix\u2019 or \u2018the Company\u2019) today announced it has contracted with Wuxi City, Jiangsu Province in China for setting up a plant in China. By completing the contract,<\/p>\n<p>hynix explained it is able to obtain solid footing for the long-term competitiveness since the plant is expected to help in expanding manufacturing facilities for 12-inch wafers through the alliance with STMicro, enforcing cost competitiveness by utilizing low cost manufacturing environment, maintaining leading position in the Chinese market and resolving trade issues including countervailing duties.<\/p>\n<p>In addition, hynix, which reported record profit for its second quarter and posted fourth straight quarterly profit, added it aims to be a leading memory chip manufacturer as the Company secured stable financial base for the business normalization.<\/p>\n<p>hynix plans to complete construction of the China chip plant by the second half of 2005 and expects to start mass production in 2006.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seoul, August 18, 2004 hynix Semiconductor Inc. (\u2018hynix\u2019 or \u2018the Company\u2019) today announced it has contracted with Wuxi City, Jiangsu Province in China for setting up a plant in China. By completing the contract, hynix explained it is able to obtain solid footing for the long-term competitiveness since the plant is expected to help in [\u2026]<\/p>\n","protected":false},"author":23,"featured_media":3393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_migrated_source_id":1667,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[4],"tags":[496,714,618],"class_list":["post-5297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","tag-china","tag-chip","tag-plant"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/comments?post=5297"}],"version-history":[{"count":1,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5297\/revisions"}],"predecessor-version":[{"id":6909,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5297\/revisions\/6909"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media\/3393"}],"wp:attachment":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media?parent=5297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/categories?post=5297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/tags?post=5297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}