SK Hynix Considers Japan Chip Plant

South Korea's SK Hynix is reportedly considering building a new memory chip plant in Japan with a massive investment. The company stated no final decision has been made yet.

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FILE PHOTO: The SK Hynix logo is seen on one of its products during The 26th Semiconductor Exhibition (SEDEX 2024) in Seoul, South Korea, October 23, 2024.

SK Hynix is considering building a memory chip plant in Japan's Miyagi prefecture with an investment reaching tens of trillions of won, the Hankyoreh reported on Friday morning. The potential project would mark the first large-scale semiconductor manufacturing investment in the country by a South Korea chipmaker. The initiative comes as global demand for memory chips accelerates.

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