Cheong Taewon's Bold "Future Investment" … Semiconductor Technology Makes More Difference | Economy | News

SK Hynix will build a memory semiconductor plant at the cutting edge of technology in Icheon, Gyeonggi-do. The first amount of investment is 3,848.5 billion won. This is a strategy to widen the technological gap with China, which is rapidly continuing the roaming of semiconductors. Employees of SK Hynix Semiconductor factory in Icheon organize professional meetings. SK Hynix

The creation by SK Hynix of a new memory semiconductor plant (M16) in Gyeonggi Province is one of the 46 billion won announced by Chairman Chey Tae-won of the SK Group in 2015. This includes the Icheon M14 plant completed in 2015, the Cheongju M15 plant currently under construction and the Icheon M16 plant which announced the construction plan on 27.

○ [19659004] ○ Job Creation Request

With the announcement of a large-scale investment that day, SK Hynix will quickly respond to the demand for investment promotion and creative development. government jobs. It is said that it is done. According to the Institute of Economic Research of the Seoul National University, the new Icheon semiconductor plant is expected to produce 80.2 trillion won, an added value of 26.2 trillion wons, and 348,000 jobs should be created by 2026.

To accelerate the investment of SK Hynix, government departments such as the Ministry of Strategy and Finance and the Ministry of the Environment It is said that the government is vigorously improving the regulations. In contrast to the fact that the construction of the factory Icheon M14 had to wait more than seven years for deregulation. Kim Dong-yeon, Deputy Prime Minister and Deputy Prime Minister, said on the 26th, "We plan to unpack the difficulties and regulations if large companies make large scale investments." SK Hynix plans to continue to increase large-scale green investments, including the construction of a new plant and the reduction of water consumption in response to government policy.

○ The pursuit of China is rooted

SK Hynix has made pre-capex investments as she believes that the memory semiconductor shortage will be prolonged despite the controversy. DRAM demand for servers has exploded as data center expansion initiatives focused on US information technology companies such as Amazon, Facebook, and Google have expanded to include Chinese companies like Alibaba, Tencent and Baidu. The diagnosis of SK Hynix is ​​that the demand for memory semiconductors will further increase as the fourth industrial revolution revolves around autonomous vehicles and artificial intelligence (AI).

SK Hynix plans to launch 2015 We are also expanding our production base through the Icheon M14 plant, which is expected to be completed in the second half of this year, and Cheongju M15 factory, which will be completed in the second half of this year. However, these factories have decided to build a new factory in Icheon, considering that there is a limit to meet the market demand. China is expected to invest one trillion yuan (about 170 trillion won) in the semiconductor industry by 2025, and the company will pursue a fierce strategy.

One of the antecedents of the decision to invest in large-scale investment is the fact that the semiconductor industry has got a lot of bullets for the boom period semiconductors. SK Hynix achieved its best performance since its inception in the second quarter (April ~ June). The company has recorded a record "Quadruple Crown" with sales of 10.37 trillion KRW, operating profit of KRW 5,573.9 billion, net income of KRW 4,328.5 billion and operating margin of 53.7%.

SK Hynix will decide the type and size of the products to be produced in Icheon's new semiconductor plant according to the market conditions and technological capabilities of the company. While the company plans to produce a three-dimensional (3D) NAND flash in its M15 factory in Cheongju, it expects the M16 factory to mbad produce DRAM, which continues its bid to high price. A SK Hynix official said: "We will continue to contribute to the creation of the national economy and social value," he added. "We will continue to respond to changes in the ecosystem of information and communication technologies."

ko yeon @ hankyung .com

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