https://wccftech.com/sk-hynix-to-build-new-3-5-billion-dollar-plant-for-future-memory-technology/

SK Hynix Inc. today announced that the Company will construct a new semiconductor fabrication plant (or ‘the FAB’) at its headquarters in Icheon, Gyeonggi-do, to respond to growing demand for memory chips and to secure a future growth engine.

Construction on the 53,000 m² site in Icheon will begin late 2018 and is slated to be completed in October 2020. SK Hynix will invest 3.5 trillion won in the FAB. The production portfolio of the FAB shall be decided considering future market conditions as well as the Company’s technology capability.