SK hynix Bets on Growing Demand, Plans to Accelerate Construction of Gwangju Semiconductor Cluster

On October 09 that SK Group Chairman Choi Tae-woo said on Friday that chip manufacturer SK Hynix is planning to build a new semiconductor industry cluster in Gwangju, South Korea, as soon as possible, betting on strong demand growth, but did not disclose a specific start date for construction. Choi noted that the company has accelerated the construction timeline for its Yongin semiconductor park by 12 years, and may need to advance multiple projects simultaneously if necessary. (Cailian Press)