SK Hynix (HXSCL) said it would invest 100T won (about $64.38B) to build memory chip âand packaging plants as part of a South Korean investment drive aimed at semiconductors and AI.
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Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Entering text into the input field will update the search result below Quick Insights The investment aims to re-establish Cheongju as a key hub and enhance SK Hynix’s competitiveness in memory semiconductors through expanded NAND production and advanced packaging facilities. These government-backed initiatives, involving broader industry and supplier collaborations, create a national ecosystem favorable to SK Hynix’s expansion and positioning in memory and AI-related markets.
SK Hynixâs focus on supplying high-bandwidth memory chips for AI processors like those of Nvidia helps it compete in the growing AI hardware sector, facing strong competition from Samsung and Micron