SK hynix expanded funding plan for its new chip cluster will bolster its responsiveness to hovering international demand for reminiscence chips amid the factitious intelligence (AI) growth, business watchers stated Tuesday.
Throughout a gathering held Sunday with President Lee Jae Myung and leaders of different main conglomerates, SK Group Chairman Chey Tae-won stated SK hynix goals to extend funding within the Yongin semiconductor cluster, simply south of Seoul, past the initially proposed 128 trillion received ($85.5 billion) by 2028.
“The quantity of funding continues to alter, following the rising demand for reminiscence chips and upgrades of the manufacturing course of,” Chey stated throughout Sunday’s televised assembly.
“Whereas it’s troublesome to estimate the precise quantity, round 600 trillion received will likely be invested in Yongin alone,” Chey added.
In response to sources, the Yongin authorities just lately elevated the ground space ratio on the web site to 490 p.c from the earlier 350 p.c, with the constructing peak restrict additionally eased to 150 meters from the sooner 120 meters.
The changes to the plan initially unveiled in 2019 got here as SK hynix goals to broaden the mixed dimension of the clear room on the envisioned chip cluster by 50 p.c to additional bolster manufacturing capability amid the AI growth.
The Yongin semiconductor cluster may have 4 fabs, every equal in dimension to 6 M15X fabs just lately in-built Cheongju, North Chungcheong Province , with an funding of 20 trillion received.
This interprets into every new fab on the Yongin cluster requiring 120 trillion received, or 480 trillion received for 4.
Specialists say that contemplating inflation and the tempo of technological growth in manufacturing tools, the adjusted 600 trillion-won funding goal could also be affordable.
“Because the Yongin semiconductor cluster boasts huge capability, every fab constructed may have a major impression on the worldwide reminiscence chip market,” an business watcher stated.
“The corporate’s responsiveness to the sharply rising international reminiscence chip demand will depend upon the progress of the undertaking,” the official added.
