SK Hynix Plans To Invest $107 Billion To Build 4 Semiconductor Fabs After 2022

www.oann.com | 4/25/2016 | Staff
TitanSwimr (Posted by) Level 3
SEOUL (Reuters) – South Korea’s SK Hynix Inc plans to invest 120 trillion won ($106.66 billion) to build four semiconductor fabs after 2022 at a new cluster site in the country, the world’s second-biggest memory chipmaker said on Thursday.

The company has submitted an investment letter of intent and once it is approved, more than 50 foreign and domestic suppliers will join at the new site in Yongin, 40 km south of Seoul, SK Hynix said in a...
(Excerpt) Read more at: www.oann.com
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