SK Hynix plans a $38B chipmaking expansion in South Korea, including a new ~$24.7B DRAM facility in Yongin and a ~$13.3B NAND fabrication plant in Cheongju (Yoolim Lee/Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-08-07/sk-hynix-to-spend-38-billion-on-chip-factory-expansion-in-korea"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260807/i7.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260807/p7#a260807p7" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Yoolim Lee / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-08-07/sk-hynix-to-spend-38-billion-on-chip-factory-expansion-in-korea">SK Hynix plans a $38B chipmaking expansion in South Korea, including a new ~$24.7B DRAM facility in Yongin and a ~$13.3B NAND fabrication plant in Cheongju</a></b></span>&nbsp; &mdash;&nbsp; SK Hynix Inc. plans a 54 trillion won ($38 billion) expansion of its chipmaking facilities in South Korea, the memory chip maker said in a statement Friday.</p>