# Nepes to invest 160 billion won in Cheongju semiconductor plant expansion

Nepes signed a 160 billion won investment agreement with Chungcheongbuk-do and Cheongju city to expand production facilities at its Ochang 2 plant in Ochang-eup, Cheongju, South Korea, to meet growing demand for high-performance AI semiconductors.

- Type: Expansion
- Announced: 2025-03-28
- Where: Ochang-eup, Cheongju, Chungcheongbuk-do, South Korea
- Value: $110.0M (160.0B KRW)
- Status: announced
- Products: system semiconductor advanced packaging, high-performance AI semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [nepes Corporation](https://endata.com/companies/42467.md)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20250328146000064), 2025-03-28: "네패스는 고성능 인공지능 반도체 수요 증가에 대응하기 위해 오창읍 오창2공장 내 생산설비를 늘릴 계획이다."

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