SK Hynix plans initial US$6.8 billion spend on future AI base
SK Hynix has said it will invest about 9.4 trillion won (about US$6.8 billion) in building the first fab and business facilities of the Yongin AI semiconductor cluster.
This will be the first fab of a proposed four to be built at Yongin south of Seoul. Construction is due to start in March 2025 for completion in May 2027. SK Hynix said it will produce HBM DRAMs their while preparing to produce “other products.”
The Yongin Cluster will be built on a 4.15 million square meter site in Wonsam-myeon, Yongin, Gyeonggi Province that is currently under site preparation and infrastructure construction. SK Hynix said Yongin would grow to become a “global AI semiconductor production base.”
After the construction of the first fab, the company aims to complete the remaining three fabs sequentially to grow the Yongin Cluster into a “Global AI semiconductor production base.”
In addition, SK Hynix plans to build a Mini-fab research facility with 300mm wafer processing within the first phase to help small businesses develop, demonstrate and evaluate technologies. Through the pilot fab the company will provide small business partners with an environment similar to the actual production site so that they can improve their technology as much as possible.
“The Yongin Cluster will be the foundation for SK Hynix’s mid- to long-term growth and a place for innovation and co-prosperity that we are creating with our partners,” said vice president Kim Young-sik, head of manufacturing technology at SK Hynix, in a statement.
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