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flag SK Hynix to invest $12.9B in new HBM chip facility in South Korea, launching April 2026.

flag In Cheongju, South Korea, SK Hynix intends to invest $12.9 billion (19 trillion won) in a new advanced chip packaging and testing facility. flag Work is scheduled to begin in April 2026 and be finished by late 2027. flag As demand for high-bandwidth memory (HBM) chips rises worldwide, the project seeks to increase production of these chips. flag By integrating testing and packaging with current wafer fabrication, the facility will boost productivity and meet growing AI-driven demand. flag 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.

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