Memory chip giant SK Hynix considering setting up packaging plant in India

South Korean chip manufacturer SK Hynix is considering India’s semiconductor manufacturing incentive scheme and is in contact with the concerned government officials to set up a packaging facility in the country, The Indian Express (IE) has reported.

The company is primarily involved in the manufacturing of memory chips which includes computing memory, consumer and network memory, and graphics memory. SK Hynix is evaluating India from an assembly and testing destination standpoint, the report said.