SK Hynix's chief executive, Kwak Noh-Jung, has revealed the company is actively investigating ways to strengthen its ties with clients and suppliers in Japan's memory chip industry.
Following a groundbreaking ceremony for a new facility in Indiana, USA, on Thursday, Kwak stated that the company is conducting a thorough review of potential strategies to jointly expand the NAND flash memory market alongside its partners. He also noted that SK Hynix currently has "no set plans" concerning its substantial indirect stake in the Japanese memory chip manufacturer Kioxia.
Kwak expressed a desire for SK Hynix to contribute to the advancement of Japan's semiconductor industry in a manner similar to its initiatives in Indiana, where the company is investing over $4 billion. The firm is establishing a state-of-the-art packaging plant for advanced memory chips in Indiana, marking its first high-bandwidth memory (HBM) packaging base in the United States.
The CEO confirmed that the cleanroom at the facility is expected to be operational no later than October 2028, with mass production of the next-generation HBM scheduled to begin in the second half of 2029.
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