SK Hynix to Invest About 54 Trillion Won in Korea Chip Expansion
SK Hynix disclosed on August 7, 2026, plans to invest about 54 trillion won to expand chip operations in South Korea, part of a mid- to long-term strategy announced in June 2026. The investment covers 19.1 trillion won for the M17 fab in Cheongju and 35.2 trillion won for the Yongin facility, with deadlines set to secure capacity for memory demand.
SK Hynix disclosed on August 7, 2026, to the Korea Exchange that it plans to expand its chip business in South Korea, with total investment of about 54 trillion won.
The investment plan forms part of the mid- to long-term strategy announced in June 2026, aimed at securing capacity to meet memory market demand. The specific allocation has been laid out for each factory with deadlines, reflecting the company's stated plan to expand chip manufacturing capacity in South Korea.
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