# 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.

- Type: Investment
- Announced: 2019-02-21
- Where: Yongin, South Korea, South Korea
- Value: $106.7B (120000.0B KRW)
- Starts operating: 2022
- Status: announced
- Capacity: four fabrication lines
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md)
- [SK Engineering & Construction Co., Ltd.](https://endata.com/companies/33968.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/article/technology/sk-hynix-plans-to-invest-107-bln-to-build-4-semiconductor-fabs-after-2022-idUSS6N1YI00J/), 2019-02-21: "The company will invest 120 trillion won ($106.66 billion) to build four semiconductor fabs after 2022 in the new cluster at Yongin."
- [yna.co.kr](https://www.yna.co.kr/view/AKR20190221082700003), 2019-02-21: "부지가 확정되면 SK하이닉스는 공장 부지 조성이 완료되는 오는 2022년 이후 총 120조원 규모를 투자해 반도체 팹(FAB) 4개를 건설할 계획이다."
- [koreaherald.com](https://www.koreaherald.com/article/1925289), 2019-02-21: "SK hynix, the world's second-largest memory chip provider, announced Thursday it will invest a total of 120 trillion won ($106.65 billion) to build four fabrication lines at a new semiconductor industrial complex in Yongin, Gyeonggi Province."

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