Search results for Honam semiconductor cluster
Industry
Industry ministry audit lacks substance without witnesses or documents, repeats partisan clashes
A parliamentary audit of South Korea\'s industry ministry drew attention for issues including mega-projects and U.S. investment, but devolved into partisan wrangling without key witnesses or requested documents. Lawmakers said submissions were withheld despite public money being involved. The ministry repeatedly said it would check or review. Disputes also emerged over who proposed the Honam semiconductor cluster. Lawmakers questioned differing explanations over an Alaska LNG project and urged an investigation into a leaked closed-door transcript.
Industry
SK Hynix speeds up memory timeline as fab infrastructure moves ahead
SK Hynix is accelerating construction of memory-related infrastructure, with its first Yongin fab nearing completion and investment and groundbreaking dates set for additional fabs. The company plans to hold a groundbreaking ceremony in Indiana for a $3.9 billion advanced packaging plant. It has decided to invest 35.2 trillion won in Yongin’s Y2 fab and 19.1 trillion won in Cheongju’s M17. The government has also moved to speed up power-grid schedules for the Honam semiconductor cluster.
Industry
Honam semiconductor, AI data center projects exempted from pre-feasibility review as three mega projects gain pace
South Korea will exempt pre-feasibility reviews for infrastructure projects to build a Honam semiconductor cluster and expand AI data centers. President Lee Jae-myung approved the measures at a cabinet meeting on Aug. 25, along with multiple bills and decrees. The exemptions cover power and water infrastructure for semiconductor industrial complexes and related support projects. Additional plans include support for a southwest semiconductor base, AI data center clusters, AI construction robots and physical AI trials for small manufacturers.