Overview

• Construction on the first fab will begin in March 2025 and is expected to be completed by May 2027.
• The investment is part of a larger plan to develop the world's largest semiconductor complex in Yongin.
• SK Hynix reported its highest quarterly profit in six years, driven by AI chip demand.
• The new plant will collaborate with over 50 local tech companies to foster innovation.
• The South Korean government is supporting the initiative to bolster the country's semiconductor industry.