🎱 NVIDIA supplier SK hynix to build $6.8 billion chip plant in SouthKorea.
The recent investment by SK hynix of 9.4 trillion won ($6.8 billion) to build a new plant in the Yongin Semiconductor Cluster is a significant move. The plant, set to begin construction in March 2025 and complete by May 2027, is part of a total investment of 120 trillion won aimed at establishing four fabs in the cluster. This investment underscores SK Hynix's strategic focus on expanding production capacity amid the global semiconductor boom, particularly in artificialintelligence applications.
SK hynix's partnership with NVIDIA has been especially impactful, contributing to a rise in the company's profits, which have reached their highest level in six years. As one of the top three memory chip manufacturers in the world, SK Hynix has seen positive financial outcomes from this collaboration, benefiting from increased demand for high-bandwidth memory. This effort also reflects the South Korean government's commitment to establishing the country as a leader in the semiconductor industry, in a globally competitive context.
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The era of data explosion! 💣 To rapidly process vast amounts of data in the #AI market, SK hynix is at the forefront of innovation. SK hynix's CMM-DDR5 (#CXL® Memory Module) connects memory, #CPU, #GPU, and #AI accelerators, opening up new horizons for expanding bandwidth and capacity. Additionally, SK hynix's Global RTC has achieved a groundbreaking innovation with the world's first 20nm chalcogenide-based #SOM(Selector-Only Memory), reducing latency by 30%.
Introducing SK hynix's CMM-DDR5 and the innovative SOM technology, breaking through the memory wall.
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