# SK Group announces $22B new investment in U.S., including $15B for chip R&D and packaging

SK Group announced $22 billion in new capital investment in the United States, with $15 billion earmarked for SK hynix to enhance chip R&D and packaging capacity. The announcement was made in a virtual meeting with U.S. President Joe Biden.

- Type: Investment
- Announced: 2022-07-27
- Where: United States
- Value: $22.0B
- Status: announced
- Products: semiconductor R&D, chip packaging
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK디앤디](https://endata.com/companies/20456.md)
- [SK Hynix](https://endata.com/companies/2769.md) (investor)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/all/10401103), 2022-07-27: "Today, we are announcing another $22 billion in new investment in the U.S., so including the major investment in semiconductor EV batteries and biotechnology."

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