[PHOTO] Power supply deal for chip clusters
From left, Kim Yong-kwan, president of management strategy at Samsung Electronics' Device Solutions division, Gwangju Mayor Min Hyung-bae, Climate Minister Kim Sung-whan, KEPCO CEO Kim Dong-cheol and Yeom Seong-jin, president of SK hynix's communications division, pose after signing a power supply deal for the planned chip clusters in Yongin, Gyeonggi Province, and Jeonnam-Gwangju Special…
![[PHOTO] Power supply deal for chip clusters](/img/648866)
Kim Yong-kwan, president of Samsung Electronics Device Solutions division, joined local officials and industry executives at KEPCO's Seoul office on Wednesday to sign a power supply agreement for semiconductor industrial complexes in Yongin, Gyeonggi Province, and Jeonnam-Gwangju Special Metropolitan City. Gwangju Mayor Min Hyung-bae, Climate Minister Kim Sung-whan, and SK hynix president Yeom Seong-jin were also present.
KEPCO, South Korea's largest power utility, will provide 3 gigawatts of electricity to the new chip clusters from 2029, with plans to increase the cumulative supply to over 6 gigawatts through additional facilities. This deal is part of the government's initiative to establish power-supply networks aligned with the operating schedules of factories in the regions.
The agreement follows the government's announcement of three megaprojects on June 29, aiming to support the planned semiconductor industrial complex by ensuring a reliable and efficient power supply.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
