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2026-07-09T17:22:41.000Z

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SK Hynix allocates $64.4 billion for memory chip production expansion

SK Hynix allocates $64.4 billion for memory chip production expansion

SK Hynix will invest $64.4 billion to establish a NAND chip factory and packaging facility in South Korea by 2029, aiming to strengthen its competitiveness in response to the rising global demand for artificial intelligence.

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