SEOUL, Aug 7 : South Korea's SK Hynix said on Friday that its board had approved about 54.3 trillion won ($38.30 billion) of investments through 2031, including 35.2 trillion won for the second phase of construction of its chip fabrication plant in Yongin and 19.1 trillion won for its M17 chip plant in Cheongju.

SK hynix Invests 54 Trillion Won in Yongin Y2 and Cheongju M17 to Secure Mid-to-Long-Term Production Base for AI Memory Demand

SK hynix said Friday it will invest about 54 trillion won ($38.1 billion) to build new semiconductor fabs in Yongin and Cheongju, accelerating its capacity expa