SK hynix still reviewing feasibility of Japan semiconductor plant
SK Group Chairman Chey Tae-won said Monday that SK hynix is still reviewing the possibility of establishing a joint venture semiconductor plant in Japan, amid reports that the Korean chipmaker is considering building a facility in the neighboring country. On the sidelines of a meeting between representatives of the Korean and Japanese chambers of commerce in Sendai, Chey was quoted as saying, “We…
SK hynix, a major Korean semiconductor company, is still considering the feasibility of establishing a joint venture semiconductor plant in Japan, according to a statement by SK Group Chairman Chey Tae-won. This possibility was discussed at a meeting between representatives of the Korean and Japanese chambers of commerce in Sendai.
Chey indicated that the company is actively studying the idea, promising to share more information once the decision is finalized. However, no specific details were provided regarding potential sites in Japan, whether the plant would be a joint venture or the identity of any potential partners. Despite its focus on overseas expansion, SK hynix continues to invest in its home country, as evidenced by the recent groundbreaking of an advanced high-bandwidth memory packaging fab in West Lafayette, Indiana.
Additionally, the company plans to allocate 54 trillion won ($39 billion) towards expanding its semiconductor operations.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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