Samsung & SK Hynix Go Into Hyperdrive With A Massive Fab Expansion Plan In Korea Worth Over $800 billion
Samsung & SK Hynix have announced a multi-billion-dollar expansion plan for AI and chip manufacturing in Korea. Korea's Largest Tech Firms, Samsung & SK Hynix, Pour In Over 1.3 Trillion Won For Major Expansion Plans In a bid to aggressively compete with rivals such as TSMC and Intel, Korea's major semiconductor firms, Samsung Electronics and SK Hynix, have pledged 1,350 Trillion Won towards the expansion of semiconductor manufacturing, AI Data Centers, and memory production. The expansion plan will span 10 years and will cost roughly 1350 Trillion Won or $870 billion. It's not just semiconductor manufacturing; the plan also involves [β¦]
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