South Korea is in talks with Samsung and SK Hynix over a second chip cluster
A presidential adviser says AI demand could pull forward the next phase of fab construction by more than a decade, and that the country needs somewhere to put it.
South Korea’s government is in talks with Samsung Electronics and SK Hynix about the next phase of large-scale investment in chip manufacturing, a presidential adviser said on Wednesday, adding that an announcement on a new chip cluster would follow soon.
The remarks, from presidential policy adviser Kim Yong-beom, framed the conversation less as a negotiation than as a logistics problem the country has not yet solved.
The pressure, Kim told a discussion panel, comes from demand. “Exponential and explosive” growth in orders driven by the AI industry could require the two companies to speed up construction of new facilities by more than 10 years, bringing forward to 2034 or 2035 capacity that had been planned for later. The schedule is being...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE
