Search results for Yongin Semiconductor Cluster
Industry
South Korea launches megaprojects spanning Samsung, SK fabs, AI robots and data centres
South Korea will foster semiconductors, physical AI and AI data centres as national growth engines based on large private-sector investment by companies including Samsung Electronics and SK. President Lee Jae-myung chaired a public briefing on three megaprojects and said he would directly oversee execution. Plans include accelerating chip plant construction, building regional production hubs, developing humanoid robots and foundation models, expanding AI data-centre capacity, and launching a manufacturing AI strategy with joint public-private investment.
Finance
SK Hynix to list Nasdaq ADR on July 10, raise 32.7 billion won
SK Hynix plans to raise 32.7 billion won in the U.S. market through a new share depository receipt issue and list its ADRs on the Nasdaq on July 10. It said it will use the funds for projects including the Yongin semiconductor cluster phase-one fab, a Cheongju advanced packaging fab and equipment, and EUV lithography tools. The issue will be placed with third parties and the final amount will be set after bookbuilding.
Industry
Power grid delays put Yongin semiconductor cluster investment at risk
The Yongin semiconductor cluster can supply only about 1.9 gigawatts of power on its own, far short of the 15 to 16 gigawatts needed for full operation, a report by the National Assembly Research Service showed. Korea Electric Power is 추진ing a 37.0 billion won, 1,153-km transmission project but its planned completion by 2036 is uncertain. Rising AI data centre demand is adding pressure, increasing concerns over investment execution and power stability.
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Industry
Why SK Hynix is seeking a U.S. listing: \"We need to raise 100 trillion won to have a next step\"
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Finance
KB Kookmin Bank commits 500 billion won to KB Kookmin Growth Infrastructure Fund
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Finance
KB Financial to form 1 trillion won KB National Growth Infrastructure Fund
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Industry
SK Hynix nears 1 million won share price as stock split scenario buzzes