SK Hynix commits US$39 billion to new Yongin and Cheongju fabs as AI memory demand builds

DIGITIMESAugust 7, 2026en

SK Hynix has approved roughly KRW54 trillion (approx. US$39 billion) in new fab construction across two domestic sites, allocating KRW35.2 trillion to a second Yongin fab and KRW19.1 trillion to a new Cheongju NAND plant, in a move the company frames as securing supply capacity rather than chasing a cycle.

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