Summary
SK hynix Inc. announced a significant capital expenditure through its board of directors on August 7, 2026, to construct phases 1 to 6 of Fab 2 at its Yongin Semiconductor Cluster (Y2) in Yongin, Korea. This substantial investment, amounting to KRW 35.22 trillion (approximately 29.19% of the Company's total equity as of December 31, 2025), is strategically aimed at securing mid- to long-term production capacity to meet anticipated demand for memory semiconductors. The project is scheduled to commence on August 7, 2026, and is projected to conclude by October 31, 2031. While the investment amount and timeline are subject to change based on project progress and market conditions, this filing signals SK hynix's commitment to expanding its manufacturing capabilities and reinforcing its position in the global memory semiconductor market.
Key Highlights
- 1SK hynix board approves significant investment for new semiconductor fabrication facility (Y2) in Yongin, Korea.
- 2Investment to cover construction of phases 1-6 of Fab 2 at the Yongin Semiconductor Cluster.
- 3Total investment amount is KRW 35,224,600,000,000, representing 29.19% of total equity as of December 31, 2025.
- 4Purpose is to secure mid- to long-term production capacity for memory semiconductors.
- 5Investment period is projected from August 7, 2026, to October 31, 2031.
- 6Decision date for the board's resolution was August 7, 2026.
- 7The investment amount and project timeline are subject to change based on progress and market conditions.