SK hynix Begins Construction of Cheongju Packaging Fab with 19 Trillion Won Investment
On April 22, SK hynix announced that it will construct its dedicated advanced packaging fab, 'P&T7', in the Technopolis Industrial Complex in Oebok-dong, Heungdeok-gu, Cheongju, North Chungcheong Province.
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SK hynix stated that the purpose of the construction is to "secure a production base in Cheongju to meet the global demand for artificial intelligence (AI) memory." The expected investment amount is approximately 19 trillion won.
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