{
  "id": 259284,
  "title": "SK Hynix plans a $38B chipmaking expansion in South Korea, including a new ~$24.7B DRAM facility in Yongin and a ~$13.3B NAND fabrication plant in Cheongju (Yoolim Lee/Bloomberg)",
  "url": "https://urgent.news/2026/08/07/sk-hynix-plans-a-38b-chipmaking-expansion-in-south-korea-including-a",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-07T09:45:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.bloomberg.com/news/articles/2026-08-07/sk-hynix-to-spend-38-billion-on-chip-factory-expansion-in-korea"
  },
  "original_language": "en",
  "account": null,
  "summary": "SK Hynix is planning a $38 billion expansion of its chipmaking facilities in South Korea. The expansion includes a new DRAM facility in Yongin, estimated to cost around $24.7 billion, and a NAND fabrication plant in Cheongju, estimated to cost around $13.3 billion.\n\nThe expansion plan was announced by SK Hynix in a statement.\n\nApple is reportedly facing memory shortages, with around $1 billion in processor wafers awaiting packaging, according to Tom's Hardware. Apple is said to be working with suppliers, including SK Hynix, to secure memory supply ahead of the launch of its iPhone 18.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Tom's Hardware",
        "title": "$1 billion of iPhone 18 Pro chips 'on the shelves awaiting packaging' due to DRAM shortages — memory shortages reportedly put a wrinkle in Apple's launch plans",
        "url": "https://urgent.news/2026/08/06/1-billion-of-iphone-18-pro-chips-on-the-shelves-awaiting-packaging",
        "published": "2026-08-06T14:52:11.000Z"
      },
      {
        "outlet": "Digital Trends",
        "title": "New players are shaking up the memory industry, but even Apple can’t strong-arm the RAM crisis for your wallet",
        "url": "https://urgent.news/2026/08/06/new-players-are-shaking-up-the-memory-industry-but-even-apple-cant",
        "published": "2026-08-06T19:29:15.000Z"
      },
      {
        "outlet": "MacRumors",
        "title": "iPhone 18 Pro and Foldable iPhone Could Sell Out Fast Due to Memory Shortage",
        "url": "https://urgent.news/2026/08/07/iphone-18-pro-and-foldable-iphone-could-sell-out-fast-due-to-memory",
        "published": "2026-08-07T00:10:27.000Z"
      },
      {
        "outlet": "9to5Mac",
        "title": "9to5Mac Daily: August 6, 2026 – Potential iPhone 18 Pro shortages, more",
        "url": "https://urgent.news/2026/08/07/9to5mac-daily-august-6-2026-potential-iphone-18-pro-shortages-more",
        "published": "2026-08-07T00:21:01.000Z"
      },
      {
        "outlet": "Engadget",
        "title": "SK Hynix pledges $38 billion to build two new DRAM and NAND factories",
        "url": "https://urgent.news/2026/08/07/sk-hynix-pledges-38-billion-to-build-two-new-dram-and-nand-factories",
        "published": "2026-08-07T12:42:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}