SK Hynix: New Factory Financing Relies Mainly on Operating Cash Flow, Will Flexibly Advance Production Plan

BlockBeats News, June 29th, SK Hynix stated that the construction of the new factory will mainly rely on operating cash flow, and the financing scale and timing will be flexibly adjusted according to the market situation.

At the same time, the company is exploring various financing options, including collaborations with global partners. The company mentioned that a chip factory site outside of Korea that meets the criteria may also be considered. Additionally, the company plans to complete the cleanroom construction of different chip factories in phases and stagger the start of production.

SK Group Chairman Choi Tae-won stated at the briefing that the group plans to invest approximately 100 trillion Korean won in the AI data center project and approximately 110 trillion Korean won in the semiconductor supply expansion project. "Over the next 10 years, SK will continue to invest over 100 trillion Korean won annually in domestic projects." In terms of semiconductor expansion, SK Hynix will significantly advance the original capacity construction schedule.