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Hynix will invest in building a semiconductor post-processing plant

The semiconductor market is becoming more and more intense, and more manufacturers are focusing their attention on this one. According to South Korean media reports, Hynix Semiconductor said today that it will establish a joint venture with Wuxi Industrial Development Group Co., Ltd. in Wuxi, Jiangsu Province, to establish a semiconductor post-processing plant. In order to expand the liquidity of funds and improve the financial structure, Hynix sold the local Chinese factory and some domestic post-processing plants to the joint venture for US$300 million (about 2.04 billion yuan).