Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
  2. 2

    Industry experts predicts tough choices as NewJeans' ultimatum nears

    Industry experts predicts tough choices as NewJeans' ultimatum nears
  3. 3

    Opposition chief acquitted of instigating perjury

    Opposition chief acquitted of instigating perjury
  4. 4

    Seoul city opens emergency care centers

    Seoul city opens emergency care centers
  5. 5

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  1. 6

    [Exclusive] Hyundai Mobis eyes closer ties with BYD

    [Exclusive] Hyundai Mobis eyes closer ties with BYD
  2. 7

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
  3. 8

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
  4. 9

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  5. 10

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial
피터빈트

SK hynix to invest W9.6tr on DRAM, NAND facilities

By Catherine Chung

Published : July 26, 2017 - 17:52

    • Link copied

SK hyinx Inc. said Wednesday it plans to allocate some 9.6 trillion won ($8.5 billion) this year to expand its production facilities for dynamic random-access memory and NAND chips.

Through a regulatory filing, the South Korean chipmaker said it expanded the amount of investment originally estimated at 7 trillion won this year.

(Yonhap) (Yonhap)

SK hynix said the investment is aimed at actively coping with changing market conditions while laying a firm foundation for its future growth. The investment will be used on building new clean rooms as well supporting various research and development projects, the company said.

The increased investment is also expected to help the company meet the rising demand for DRAM chips and expand production capabilities for 3D NAND products, it added. (Yonhap)



More from Headlines