InvestmentAug 7, 2026, 06:12 AM
SK hynix approves ₩35.22T investment for Yongin Fab 2
AI Summary
SK hynix Inc. announced that its board of directors approved a significant investment of 35.22 trillion Korean Won for the construction of phases 1 to 6 of Fab 2 at the Yongin Semiconductor Cluster in Korea. This strategic move aims to secure mid- to long-term production capacity to meet the growing demand for memory semiconductors. The investment represents 29.19% of the company's total equity as of December 31, 2025, with construction projected to run from August 2026 to October 2031.
Key Highlights
- SK hynix approved investment for phases 1-6 of Fab 2 at Yongin Semiconductor Cluster.
- Total investment amount is 35,224,600,000,000 Korean Won.
- Investment represents 29.19% of SK hynix's total equity as of December 31, 2025.
- Purpose is to secure mid- to long-term memory semiconductor production capacity.
- Investment period is projected from August 7, 2026, to October 31, 2031.
- The Board of Directors approved the investment on August 7, 2026.
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