# SK Hynix to spend 15 trillion won expanding existing chip fab

SK Hynix will invest 15 trillion won ($10.9 billion) over five years to expand an existing semiconductor plant, after shelving plans to build a separate factory.

- Type: Expansion
- Announced: 2022-09-06
- Where: South Korea
- Value: $10.9B (15000.0B KRW)
- Status: announced
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/tech/semiconductors/sk-hynix-to-expand-chip-fab-instead-of-building-new-factory), 2022-09-06: "SK Hynix will spend 15 trillion won ($10.9 billion) over five years to expand an existing semiconductor plant."

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