Will Overcapacity Problem Hit Memory Market with Samsung & Hynix expansion?
SEOUL, June 29 (Reuters) - Samsung Electronics and SK Hynix plan to each build two new massive chip fabrication sites in South Korea's southwest region as part of a national project to build chip production "ecosystem" valued at 800 trillion won ($517.87 billion), the government said on Monday.
The plan was unveiled at the announcement of three new "mega-projects" by the country and the global chip giants to spur growth and dominate the AI sector.
We'll cover more and update in due course.
Comprehensive Analysis of the Full Value Chain
Source:
- Samsung Electronics, SK Hynix to invest in two new fabrication sites in South Korea, government says, June 29, 2026: https://www.reuters.com/world/asia-pacific/samsung-electronics-sk-hynix-invest-two-new-fabrication-sites-south-korea-2026-06-29/
