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Chipmakers Reject KEPCO Prepayment Plan

Samsung Electronics and SK Hynix declined a utility proposal for a massive upfront payment to fund power supplies. The chipmakers cited demand uncertainty regarding the planned semiconductor mega clusters.

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FILE PHOTO: A Samsung Electronics logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration//File Photo

SAMSUNG ELECTRONICS CO LTD and SK HYNIX INC rejected a proposal by KOREA ELECTRIC POWER CORP for a 25 trillion won ($18.7B) upfront payment. The funds would have supported power supplies for planned semiconductor mega clusters in South Korea.
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