SK Hynix unveils $15 billion semiconductor facility investment plan in South Korea
South Korea’s SK Hynix has plans to invest 21.6 trillion won to build new chip production lines in the city of Yongin by 2030 to meet the rising demand for semiconductors
SK Hynix has recently announced a major investment plan to expand its semiconductor manufacturing capabilities in South Korea. The recent move is part of a broader strategy to dominate the growing market for Artificial Intelligence (AI) memory. The company plans to invest 21.6 trillion won to build new semiconductor production lines in Yongin by 2030 as global demand for advanced chips continues to surge.
This investment will play a crucial role in expanding the company’s domestic manufacturing capacity, positioning SK Hynix to capitalize on increasing demand driven by artificial intelligence, data centers, and next-generation computing technologies.
South Korea is home to some of the world’s largest chipmakers, and the expansion underlines the country’s efforts to strengthen its role in the global semiconductor supply chain in the wake of intensifying competition.
The major investment represents a pivotal shift from being a conventional supplier towards becoming a cornerstone of the global AI infrastructure. By 2026, this strategy will evolve into a comprehensive framework designed to protect the company’s leading position in the Artificial Intelligence era. This strategic capital infusion aims to secure its dominance in the high-performance AI memory market.
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