SK hynix backs investment rule easing, citing ‘golden time’ for chip industry

South Korean memory chip maker SK hynix issued a rare statement Wednesday defending the government’s push to ease investment regulations for advanced industries, arguing it is the “golden time” to secure competitiveness in national strategic sectors such as semiconductors. In its statement posted on its website under the title, “An explanation regarding semiconductor fab investments,” the chipmaker expressed support for allowing holding companies to own only 50 percent, rather than 100 percent o