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SK Hynix to invest $12.9B in new HBM chip facility in South Korea, launching April 2026.
In Cheongju, South Korea, SK Hynix intends to invest $12.9 billion (19 trillion won) in a new advanced chip packaging and testing facility.
Work is scheduled to begin in April 2026 and be finished by late 2027.
As demand for high-bandwidth memory (HBM) chips rises worldwide, the project seeks to increase production of these chips.
By integrating testing and packaging with current wafer fabrication, the facility will boost productivity and meet growing AI-driven demand.
With a projected 33% annual growth in the HBM market through 2030, SK Hynix, Nvidia's top HBM supplier with a 61% market share in 2025, anticipates the investment will bolster its position.
SK Hynix invertirá $ 12.9B en nuevas instalaciones de chips HBM en Corea del Sur, que se lanzarán en abril de 2026.