In Response to AI Memory Demand, SK Hynix Invests Over 400 Billion Won to Build New Factory in Korea
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South Korean semiconductor giant SK Hynix announced plans to invest 19 trillion Korean Won (approximately 404.8 billion New Taiwan Dollars) to build a new advanced packaging manufacturing plant in Korea. This move is to meet the increasing global demand for AI memory, with the new factory expected to break ground this month and specialize in technologies crucial for producing AI memory products like High Bandwidth Memory (HBM) chips.