SK Hynix has announced a new investment plan totaling 1,100 trillion won ($713 billion) to build semiconductor clusters globally, with a significant portion allocated to South Korea's southwestern region.
The South Korean memory chipmaker outlined the strategy as part of its long-term growth roadmap, aiming to expand production capacity and technological leadership in the memory and logic chip sectors.
79 million new shares, signaled the company's intent to deepen its access to global capital markets.
The announcement comes shortly after SK Hynix shares surged 11% in Seoul trading following the company's decision to list American depositary receipts on the Nasdaq.
That move, which aims to raise up to $29.4 billion through the issuance of 17.79 million new shares, signaled the company's intent to deepen its access to global capital markets.
The new investment plan reinforces the scale of SK Hynix's ambitions, positioning it to compete more aggressively with peers like Samsung Electronics and international foundries.
The 400 trillion won earmarked for South Korea's southwestern region highlights the domestic focus of the expansion, likely targeting areas such as Gwangju or Jeonnam where the company has existing or planned facilities.