# SK Hynix opens new NAND flash memory production line in South Korea

SK Hynix opened a new production line for NAND flash memories, part of a 20 trillion won ($17.7 billion) investment to boost NAND chip output by 40%.

- Type: New facility
- Announced: 2018-10-04
- Where: south of Seoul, South Korea
- Value: $17.7B
- Starts operating: 4 Oct 2018
- Status: completed
- Capacity: 40% increase in NAND chip output
- Products: NAND flash memories
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/companies/sk-hynix-to-invest-17.7bn-in-new-flash-memory-plant), 2018-10-04: "South Korean chipmaker SK Hynix opened a new production line for NAND flash memories on Thursday, part of a 20 trillion won ($17.7 billion) investment in anticipation of long-term growth in demand."
- [bisinfotech.com](https://www.bisinfotech.com/south-korean-semiconductor-biggies-bids-60-billion-investments-while-chip-business-fray/), 2018-10-30: "Hynix is spending 20 trillion won on its newest Nand factory south of Seoul that opened early"

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