Seoul, Jan 13, 2026 (AFP) - SK hynix to spend nearly $13 billion on new chip packaging plant

NAMPA / AFP

2026-01-13

South Korean chip giant SK hynix said on Tuesday it would spend 19 trillion won ($12.9 billion) building an advanced chip packaging plant as the firm rides a global AI boom. SK hynix is one of the world's leading memory chip makers, manufacturing chips essential for artificial intelligence products and the data centres that the fast-evolving industry relies on. "As global competition in AI accelerates, demand for memory used in AI is surging worl......

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