SEOUL: The world’s second-largest maker of reminiscence chips, SK Hynix, stated on Friday it had determined to take a position about 9.4 trillion gained ($6.8 billion) in its first chip plant within the South Korean metropolis of Yongin.
The Nvidia provider, which reported on Thursday its highest earnings since 2018 and flagged rising AI chip demand, has been planning funding since 2019 on 4 new chip vegetation at a semiconductor cluster on the web site close to Seoul.
“The Yongin cluster would be the basis for SK Hynix’s mid- to long-term development,” stated Kim Younger-sik, the agency’s head of manufacturing expertise.
The funding goals to reply to demand for AI semiconductors and safe future development, SK Hynix stated in a regulatory submitting.
The sprawling 4.2 million sq. m. web site, will ultimately home the corporate’s 4 deliberate chip vegetation producing next-generation semiconductors in addition to greater than 50 small native companies within the chip trade, SK Hynix stated in a press release.
Friday’s determine is predicted to cowl work on the primary plant till end-2028, for utilities equivalent to water and electrical energy, in addition to enterprise help and welfare services.
It’ll embody a “mini-fab”, or analysis facility that may course of 300-mm silicon wafers, to permit home chip supplies and gear makers to check their merchandise in a practical setting, the corporate stated.
The information follows the corporate’s plan, unveiled in April, to take a position about $3.87 billion for a sophisticated packaging plant and analysis and growth facility for AI merchandise within the US state of Indiana.
The Nvidia provider, which reported on Thursday its highest earnings since 2018 and flagged rising AI chip demand, has been planning funding since 2019 on 4 new chip vegetation at a semiconductor cluster on the web site close to Seoul.
“The Yongin cluster would be the basis for SK Hynix’s mid- to long-term development,” stated Kim Younger-sik, the agency’s head of manufacturing expertise.
The funding goals to reply to demand for AI semiconductors and safe future development, SK Hynix stated in a regulatory submitting.
The sprawling 4.2 million sq. m. web site, will ultimately home the corporate’s 4 deliberate chip vegetation producing next-generation semiconductors in addition to greater than 50 small native companies within the chip trade, SK Hynix stated in a press release.
Friday’s determine is predicted to cowl work on the primary plant till end-2028, for utilities equivalent to water and electrical energy, in addition to enterprise help and welfare services.
It’ll embody a “mini-fab”, or analysis facility that may course of 300-mm silicon wafers, to permit home chip supplies and gear makers to check their merchandise in a practical setting, the corporate stated.
The information follows the corporate’s plan, unveiled in April, to take a position about $3.87 billion for a sophisticated packaging plant and analysis and growth facility for AI merchandise within the US state of Indiana.
