KOSE:A000660Semiconductor
SK Hynix (KOSE:A000660) Approves ₩54 Trillion New Memory Fab Investment
SK hynix (KOSE:A000660) has approved a multi year investment program to build new DRAM and NAND fabrication facilities in Yongin and Cheongju in South Korea.
The new Yongin Y2 and Cheongju M17 fabs are intended to support long term AI driven demand for advanced memory products from global customers.
The expansion plan represents one of the largest investment programs undertaken by SK hynix and is expected to materially increase its production capacity over the coming years.
The projects are...