SK Hynix announced plans to invest $51 billion in a new NAND memory chip factory, M17, in Cheongju by 2029 to meet AI-driven demand.
The construction will begin next year
Jul 02, 2026
09:49 am
What's the storySK Hynix, a leading South Korean semiconductor manufacturer, has announced plans to invest 80 trillion won ($51.46 billion) into a new NAND memory chip production facility.
The move comes as part of the company's strategy to meet growing demand fueled by the artificial intelligence (AI) boom.
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