SK Hynix plans $38 billion chip fab expansion in South Korea

SK Hynix Inc. plans a 54 trillion won ($38 billion) expansion of its chipmaking facilities in South Korea, including a new DRAM manufacturing facility in Yongin and a NAND fabrication plant in Cheongju, to double production capacity and ease global memory chip shortage.

“SK Hynix Inc. plans a 54 trillion won ($38 billion) expansion of its chipmaking facilities in South Korea, adding to efforts to rapidly double its production capacity and ease a global shortage of memory chips.”bloomberg.com

• 1 source
• bloomberg.comSK Hynix to Spend $38 Billion on Chip Fab Expansion in Korea - BloombergYoolim LeeAug 7, 2026

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