SK Hynix to invest $3.86 billion in DRAM chip production base in South Korea


FILE PHOTO: Employee walks past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo

SEOUL (Reuters) - South Korean memory chipmaker SK Hynix said on Wednesday it plans to invest 5.3 trillion won ($3.86 billion) to build a chip factory for a new dynamic random access memory (DRAM) chip production base in South Korea.

The Nvidia supplier plans to start construction at the chip factory, called M15X, at the end of April with an aim to complete it by November 2025 for mass production.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Merriam-Webster’s 2025 word of the year is 'slop'
US communities push back against encroaching e-commerce warehouses
Will OpenAI be the next tech giant or next Netscape?
No wolf plush toy by Christmas, French supermarket says
Intel appoints Trump economic adviser as head of government affairs
How much does an army of bots cost? How likes and clout are bought
US suspends technology deal with Britain, FT reports
British regulator kicks off consultation on new crypto rules
'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

Others Also Read