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Update
What changedBloomberg reports that Solidigm is seeking US government permission to send equipment to its flash-memory plant in Dalian, China. The equipment would be used to upgrade the existing facility.
The proposed $45bn US plant is contingent on receiving that permission, according to Bloomberg. The report says the Dalian upgrade is intended to help finance development of the US site.
That makes the proposal more than a standalone expansion plan: its path forward is tied to approval for work at Solidigm’s existing China facility. The investment remains proposed, and the approval has not been established as granted.
Sources and evidence- Solidigm Dangles New $45 Billion US Plant to Upgrade China Site: Bloomberg reports that Solidigm’s proposed $45bn US chip plant is contingent on US permission to send equipment to upgrade its Dalian flash-memory facility, with the upgrade intended to help finance the US project.
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