SK Hynix to break ground on $13.2B M16 memory plant in Icheon

SK Hynix will hold a groundbreaking ceremony for its M16 plant in Icheon, South Korea on December 19, 2018. The company will invest over 15 trillion won ($13.2 billion) in construction and equipment, with completion expected by October 2020.

“SK Hynix, the world’s second largest memory chip maker, will hold a groundbreaking ceremony for M16 Plant in Icheon, Gyeonggi Province, Korea on Dec. 19, continuing its expansion strategy despite concerns about a global memory semiconductor oversupply.”pulse.mk.co.kr

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• pulse.mk.co.krSK Hynix ready to break ground for $13.2 bn new memory plant on Dec. 19 - 매일경제 영문뉴스 펄스(Pulse)Dec 17, 2018

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