SK hynix set to boost AI readiness with expanded Yongin investment: experts

SK hynix expanded investment plan for its new chip cluster will bolster its responsiveness to soaring global demand for memory chips amid the artificial intelligence (AI) boom, industry watchers said Tuesday. During a meeting held Sunday with President Lee Jae Myung and leaders of other major conglomerates, SK Group Chairman Chey Tae-won said SK hynix aims to increase investment in the Yongin semiconductor cluster, just south of Seoul, beyond the initially proposed 128 trillion won ($85.5 billion) by 2028. "The amount of investment continues to change, following the growing demand for memory chips and upgrades of the manufacturing process," Chey said during Sunday's televised meeting. "While it is difficult to estimate the exact amount, around 600 trillion won will be invested in Yongin alone," Chey added. According to sources, the Yongin government recently increased the floor area ratio at the site to 490 percent from the previous 350 percent, with the building height limit also eased to 150 meters from the earlier 120 meters. The adjustments to the plan initially unveiled in 2019 cameWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times