Gyeongbuk Province, Gumi City, and SK Siltron Sign MOU for Over 1 Trillion Won Wafer Factory Expansion

Expecting Over 1,000 New Hires in the Semiconductor Wafer Sector

On the 29th, Gumi City in Gyeongbuk signed a memorandum of understanding for investment worth over 1 trillion won with SK Siltron at the city hall situation room.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Gumi City and Gyeongbuk Province have signed a memorandum of understanding for investment to build a wafer factory worth over 1 trillion won with SK Siltron.

With this large-scale investment, SK Siltron has laid the foundation to collaborate with global semiconductor companies and become a leader in the global wafer market.

The city has been promoting various attraction plans for SK Siltron's expansion investment for nine months since July last year. As a result, SK Siltron quickly decided to invest in Gumi.

SK Siltron will build a 300mm wafer factory with an area of 42,716㎡ within the Gumi National Industrial Complex 3 by 2024.

It is also expected to contribute to job creation by hiring about 1,000 new employees.

Jang Se-yong, mayor of Gumi City, said, “We thank Jang Yong-ho, CEO of SK Siltron, for deciding to invest for the coexistence of the region and the company.”

This content was produced with the assistance of AI translation services.