SK Hynix plans $107B investment for four semiconductor fabs in Yongin after 2022

SK Hynix submitted an investment letter of intent to build a semiconductor cluster in Yongin, South Korea, with a planned investment of 120 trillion won ($106.66 billion) to construct four fabs after 2022.

“The company will invest 120 trillion won ($106.66 billion) to build four semiconductor fabs after 2022 in the new cluster at Yongin.”reuters.com

• 3 sources
• reuters.comSK Hynix plans to invest $107 bln to build 4 semiconductor fabs after 2022 | ReutersFeb 21, 2019
• yna.co.krSK하이닉스, '용인' 선택으로 '반도체 3각축' 마련한다 | 연합뉴스Feb 21, 2019
• koreaherald.comSK hynix to invest W120tr in 4 chip plants in Yongin - The Korea HeraldSong Su-hyunFeb 21, 2019

Summarized from public sources; check the original articles before acting on it.