SK Hynix plans to restart construction of Phase II at its Dalian NAND flash
plant, increasing China NAND capacity by roughly 50%. The project, halted four
years ago amid a weak memory cycle, is being reactivated; the company plans to
complete semiconductor equipment imports this year and to begin production in 1H
next year. SK Hynix cited surging enterprise SSD demand from AI data center
adoption and a near tenfold rise in NAND prices over the past year.