# SK Hynix to build new fabrication facility in Cheongju, South Korea

SK Hynix announced plans to invest $1.8 billion in constructing a new fabrication facility at its Cheongju factory in South Korea, scheduled for completion in 2019, to produce 3D NAND flash and later DRAM chips.

- Type: New facility
- Announced: 2016-12-27
- Where: Cheongju, South Korea
- Value: $1.80B
- Starts operating: 2019
- Status: announced
- Products: 3D NAND flash, DRAM chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md)

## Sources

- [fudzilla.com](https://fudzilla.com/sk-hynix-to-construct-new-facility-in-south-korea/), 2016-12-27: "SK Hynix announced on Friday that it will be constructing a new fabrication facility at its factory in Cheongju, South Korea to meet increasing demand for NAND flash components."
- [electronicdesign.com](https://www.electronicdesign.com/technologies/embedded/digital-ics/memory/article/21802161/sk-hynix-to-boost-nand-output-with-18-billion-fab), 2016-12-29: "SK Hynix, the world's second largest memory chip maker, plans to build a factory in South Korea to meet the increasing demand for its NAND flash memory."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.