SK Vows Fast Construction of New Gwangju Chip Plants

SK Group Chairman Chey Tae-won announced plans to build new semiconductor plants in Gwangju as quickly as possible. The expansion aims to meet surging demand for chips, though a specific construction start date has not yet been finalized.

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The logo of SK Hynix at a SK Hynix booth before a public briefing on the development vision for advanced industry in South Korea's southwestern region, in Gwangju, South Korea, June 30, 2026. REUTERS/Kim Hong-Ji

SK HYNIX INC plans to build new chip plants in southwestern South Korea as fast as possible, betting on robust demand growth. The project forms part of a massive regional expansion in Gwangju. The strategy highlights aggressive capacity building amid surging global semiconductor demand.

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