SK hynix invests over 77 Bil Dollar in AI and HBM Semiconductor Market
5. September 2024SK hynix has announced a significant investment plan of 103 trillion won (approximately $7.63 billion) over the next five years to strengthen its position in the semiconductor market, particularly in the field of High Bandwidth Memory (HBM). This initiative focuses on advancing next-generation memory technologies and expanding production capacity to meet the growing demand in the artificial intelligence (AI) sector. The investment reflects SK hynix’s commitment to maintaining leadership in the AI semiconductor ecosystem. Products and components relevant to production equipment for semiconductor production usually require KCs Certification in order to be approved for import and sale in Korea.
The investment, unveiled during a management strategy meeting in Icheon, Gyeonggi Province, will see around 80% of the funds allocated to AI-related sectors, especially HBM memory. This expansion is critical as the market for AI and memory semiconductors, though currently small, is projected to experience exponential growth in the coming years.
Key facilities under construction, such as the Yongin semiconductor cluster and the M15X in Cheongju, along with an advanced packaging factory in Indiana, U.S., are expected to bolster SK hynix’s production capabilities and solidify its dominance in the global memory market.
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