SEOUL, July 2 : SK Hynix said on Thursday it planned to invest 100 trillion won ($64.38 billion) to build new NAND memory chip and packaging factories as part of a massive investment programme aimed at addressing a shortage driven by the AI boom.The projects in the country's central city of Cheongju outlined

Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money…

South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial…

South Korea is betting nearly 900 trillion won ($583 billion) that the artificial intelligence boom will create enough demand for memory chips to justify buildi

Samsung, SK Hynix to build new chip fabs under South Korea's $520 billion AI semiconductor initiative to boost production.

South Korea unveils an 800 trillion won ($520B) semiconductor initiative, building four new chip fabs with Samsung and SK Hynix plus three AI data centers.

Samsung Electronics and SK hynix will invest 800 trillion won ($585 billion) to establish a semiconductor complex in the country's southwestern reg...

Samsung and SK Hynix, backed by the South Korean government, are pouring $590 billion into new chip factories and packaging centers as AI data center demand surges. According to…

South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial…

Samsung and SK Hynix plan to invest at least $880 billion in chips and data centers, with total commitments potentially reaching $1.3 trillion over the next

Samsung stocks drop by four per cent despite major AI and semiconductor investment

The plan, anchored by Samsung Electronics and SK Hynix, marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his pledge to narrow domestic regional…

The world’s two largest memory-chip makers said their existing investments wouldn’t be enough to meet demand, amid a worldwide shortage. | World News

Government officials dismissed questions about whether the southwest has enough power and water to support major semiconductor fabs.

South Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While aiming to boost national capacity,…

Samsung Electronics and SK hynix on Tuesday reaffirmed plans to invest about 800 trillion won ($518 billion) to turn Korea's southwest into the country's next s

South Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This ambitious expansion, backed by the…

An industrywide 392 trillion-won ($252.5 billion) investment will be injected into the central Chungcheong area, including high bandwidth memory (H...

An industrywide 392 trillion-won ($252.5 billion) investment will be injected into the central Chungcheong area, including high bandwidth memory fabs and packag

SEOUL, July 2 : SK Hynix said on Thursday it planned to invest 100 trillion won ($64.38 billion) to build new NAND memory chip and packaging factories as part of a massive…

SEOUL, July 2 : SK Hynix said on Thursday that it plans to invest 80 trillion won ($51.46 billion) to build a new factory for NAND memory chip production by 2029 to address a…