In Response to AI Memory Demand, SK Hynix Invests Over 400 Billion Won to Build New Factory in Korea
South Korean semiconductor giant SK Hynix announced plans to invest 19 trillion Korean Won (approximately 404.8 billion New Taiwan Dollars) to build a new advanced packaging manufacturing plant in Korea. This move is to meet the increasing global demand for AI memory, with the new factory expected to break ground this month and specialize in technologies crucial for producing AI memory products like High Bandwidth Memory (HBM) chips.
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- 📰 Published: April 22, 2026 at 17:44
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Central News Agency
(Central News Agency, Seoul, 22nd, comprehensive foreign report) South Korean semiconductor giant SK Hynix announced today that it plans to invest up to 19 trillion Korean Won (approximately 404.8 billion New Taiwan Dollars) to build a new advanced packaging manufacturing plant in South Korea, in response to the increasing global demand for AI memory. The new plant is expected to break ground this month.
Reuters reported that SK Hynix Inc., one of the world's largest memory chip manufacturers supplying technology giant Nvidia, has recently been expanding its production capacity to meet the strong demand from artificial intelligence (AI) data centers.
SK Hynix stated in a statement that the new fab will focus on advanced packaging technology, a process critical for producing artificial intelligence memory products, such as High Bandwidth Memory (HBM) chips.
Earlier this year, SK Hynix said it had accelerated the pace of capacity expansion, including bringing forward the activation of a new memory chip factory in South Korea, hoping to meet the rapidly growing market demand. (Translators: Kao Chao-fen/Proofreaders: Yang Chao-yen) 1150422
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(Central News Agency, Seoul, 22nd, comprehensive foreign report) South Korean semiconductor giant SK Hynix announced today that it plans to invest up to 19 trillion Korean Won (approximately 404.8 billion New Taiwan Dollars) to build a new advanced packaging manufacturing plant in South Korea, in response to the increasing global demand for AI memory. The new plant is expected to break ground this month.
Reuters reported that SK Hynix Inc., one of the world's largest memory chip manufacturers supplying technology giant Nvidia, has recently been expanding its production capacity to meet the strong demand from artificial intelligence (AI) data centers.
SK Hynix stated in a statement that the new fab will focus on advanced packaging technology, a process critical for producing artificial intelligence memory products, such as High Bandwidth Memory (HBM) chips.
Earlier this year, SK Hynix said it had accelerated the pace of capacity expansion, including bringing forward the activation of a new memory chip factory in South Korea, hoping to meet the rapidly growing market demand. (Translators: Kao Chao-fen/Proofreaders: Yang Chao-yen) 1150422
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to get the latest news instantly.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.