SK Hynix Chairman: Chip Demand Far Exceeds Expectations, New Gwangju Campus to Commence Construction as Soon as Possible
2026.10.09 20:41:55
SK Group Chairman Choi Tae-won said today that chip demand is expected to continue growing rapidly, so SK Hynix will accelerate the construction of its semiconductor campus in Gwangju, South Korea as much as possible, and plans to release a specific timeline soon. Choi noted that SK Hynix has brought forward the completion target of its Yongin semiconductor campus from 2045 to 2033, but future production capacity may still fall short of demand, and the company does not rule out advancing the construction of both the Yongin and Gwangju campuses simultaneously. The planned scale of the Gwangju campus is about two-thirds that of the Yongin campus, and it may be expanded later. Currently, the specific start date of the Gwangju project has not been finalized, and construction progress still requires coordination with the government for supporting infrastructure such as water and electricity. Choi added that even if some supporting facilities are not yet in place, the company may proceed with piling works first, but will not slash construction costs to rush the project.
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