# SK hynix begins construction of $94.9B Yongin Semiconductor Cluster

SK hynix has started construction of the Yongin Semiconductor Cluster in South Korea, a 120 trillion won ($94.9 billion) project with four next-gen fabs. Commercial production is expected to begin in 2027.

- Type: New facility
- Announced: 2022-04-29
- Where: Yongin, South Korea, South Korea
- Value: $94.9B
- Starts operating: 2027
- Status: under construction
- Capacity: 800,000 wafers per month
- Products: DRAM, next-generation memory
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [investkorea.org](https://www.investkorea.org/ik-en/bbs/i-465/detail.do?ntt_sn=491708), 2022-04-29: "SK hynix will invest 120 trillion won into building four semiconductor fabs in Yongin Semiconductor Cluster where more than 50 parts, equipment and machine suppliers will be invited to operate their offices to create a new semiconductor hotbed in the country."

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