August 11, 2026 / SemiMedia / — SK hynix has responded to reports that it is considering the sale of an ownership stake in its semiconductor packaging facility in Chongqing, China.

The company said on August 10 that it is reviewing various measures to strengthen the competitiveness of its packaging business but has not made any specific decisions.

Media reports previously indicated that SK hynix was evaluating several options for the Chongqing facility, including a partial or full stake sale and the introduction of a Chinese investor.

The plant could reportedly be valued at approximately $3 billion, equivalent to about 4 trillion won. Potential investors may include Chinese semiconductor companies and industry investment funds.

Another possible structure would involve SK hynix selling a majority interest while retaining a minority stake and continuing to participate in the facility’s operations.

The discussions remain at an early stage. No decision has been made regarding whether a transaction will proceed, the size of any stake to be sold, the valuation or the identity of potential investors.

SK hynix said it would issue another disclosure when specific details are confirmed or within one month of its August 10 statement.

Located in Chongqing’s Xiyong Microelectronics Industrial Park, the facility is an important part of SK hynix’s overseas semiconductor packaging operations and primarily handles NAND flash packaging and testing.

Construction of the project began in 2013, and initial production started in 2014. A second-phase expansion subsequently entered operation in 2019, increasing the site’s role in the company’s global NAND back-end manufacturing network.

The review comes as SK hynix expands its domestic production capacity for AI-related memory. On August 7, the company announced approximately 54.3 trillion won of investment in the new Yongin Y2 and Cheongju M17 fabs.

SK hynix plans to invest 35.2 trillion won in Yongin Y2, which will produce HBM and other next-generation DRAM products. A further 19.1 trillion won will be invested in Cheongju M17 to expand NAND flash production.

The reported review indicates that SK hynix is assessing its overseas back-end manufacturing assets while building additional advanced-memory capacity in South Korea. Because no transaction has been approved, it remains unclear whether the process will result in any change to the Chongqing facility’s ownership or operations.