Subj : Samsung archrival plans construction of world's largest chip fact
To   : All
From : TechnologyDaily
Date : Sat Mar 30 2024 19:30:05

Samsung archrival plans construction of world's largest chip factory  at more 
than $90 billion, it will take more than 20 years to finish, so one wonders 
what other exciting tech will it produce

Date:
Sat, 30 Mar 2024 19:16:22 +0000

Description:
SK Hynix is to build a $90 billion chip production facility that will take 20 
years to complete.

FULL STORY
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SK Hynix, Samsung's chief competitor and the world's number two memory maker, 
has begun its audacious plan to build the largest chip production facility on 
the planet. 

The construction at SK Hynix's giant Yongin Semiconductor Cluster in Gyeonggi 
Province, South Korea, will comprise four units. Work on the first unit, 
which is intended to be the worlds biggest three-story fabrication plant, is 
anticipated to commence in March 2025. 

 The Korea Economic Daily reports that the project is estimated to cost over 
120 trillion won ($90.7 billion) and will span over two decades, with 
completion expected by 2046. Government backing 

The plan was first announced in 2019 but ran into delays due to Covid and 
licensing procedures. It received a boost in 2022 following an agreement 
between the government, municipalities, and companies, according to SK Hynix. 
The site of the first unit is now 35% prepared. 

Trade Minister Ahn Deokgeun visited the site recently, promising government 
support for Korea's chip industry. All ministries will work together to 
ensure that Korean companies wont lag behind global players in semiconductor 
manufacturing speed. We will actively support high-bandwidth memory (HBM) 
chips to achieve more than $120 billion in semiconductor exports this year, 
he said. 

 The Korea Economic Daily says the government will unveil strategies to 
accelerate artificial intelligence chip exports and bolster semiconductor 
equipment by the end of June. 

Creating the worlds largest chip factory is just part of SK Hynixs future 
plans. The manufacturing giant is also intending to invest $4 billion to 
build an advanced chip packaging facility in West Lafayette, Indiana. More 
from TechRadar Pro Samsung but beats Micron to 36GB HBM3E memory Samsung 
archrival sells out of precious HBM cargo A glimpse at what the future of 
memory and storage could look like



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Link to news story:
https://www.techradar.com/pro/samsung-archrival-plans-construction-of-worlds-l
argest-chip-factory-at-more-than-dollar90-billion-it-will-take-more-than-20-ye
ars-to-finish-so-one-wonders-what-other-exciting-tech-will-it-produce


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