Recently, according to the Korean media Business Korea, the Korean government is launching a large-scale semiconductor manufacturing cluster plan, which will be implemented by four large semiconductor manufacturers and about 50 upstream and downstream components or equipment manufacturers. The Korean government expects to invest about 120 yuan in 10 years. Trillion won (about 733.4 billion yuan). Among them, SK Hynix, a Korean memory manufacturer, will invest in a new semiconductor factory in the semiconductor manufacturing cluster.
Reported that the Korean government, including the Ministry of Trade, Science and Technology, and Energy in the proposed 2019 business plan, has also included the large-scale semiconductor manufacturing cluster plan. Therefore, since 2019, the Korean government has drawn up the details of the relevant plan, and the follow-up will be implemented in stages according to the plan. Among them, SK Hailishi, the memory giant, will invest in a new semiconductor factory in the semiconductor manufacturing cluster, which will be located in Longren, Kyonggi, Korea, next to Samsung‘s semiconductor factory in Kyonggi, Kyonggi.
South Korean officials say that if SK Hynix decides to build a new manufacturing plant under the Semiconductor Manufacturing Group Plan, it will be able to integrate nearby semiconductor parts and equipment suppliers and strengthen its overall semiconductor manufacturing ecosystem. In response, SK Hailishi said that it had not confirmed the location of the new manufacturing plant in the capital city, Longren, and was continually discussing with the government because other places, including Lichuan and Qingzhou, were also relevant locations.
At present, SK Hynix is building a semiconductor manufacturing plant in Lichuan and Qingzhou, respectively. Among them, the M15 plant in Qingzhou has been completed recently and is expected to be put into production in the near future. Lichuan‘s factory is currently under construction. Therefore, in order to achieve cluster effect, SK Hailishi hopes to build new production plants in Lichuan and Qingzhou. At present, there is no suitable space for both regions, so they are also in discussions with the Korean government.
In order to build a semiconductor factory in the metropolitan area of Seoul, SK Hynix had to abide by the Seoul Urban Maintenance Plan Act and other regulations in the past, the report said. After the Korean government promoted the large-scale semiconductor manufacturing cluster plan, it planned to deregulate SK Hailis to participate in the government‘s semiconductor manufacturing cluster plan. SK Hailishi is expected to build a new semiconductor plant, which is expected to be completed in 2025, to help build the entire semiconductor manufacturing ecosystem, and to achieve the goal of the entire semiconductor manufacturing cluster plan between 2029 and 2030.