SK Hynix to develop 8-inch foundry capability
Jessie Shen, DIGITIMES, Taipei
SK Hynix is contemplating possible plans to double its foundry capability, in line with firm co-CEO and vice chairman Park Jung-ho.
SK Hynix will look into a number of strategic choices, comparable to further gear and facility purchases and M&A, for its foundry capability growth, Park indicated.
The deliberate capability growth is for SK Hynix’ 8-inch foundry enterprise “in order to support the development, mass production and global market expansion of domestic fabless companies,” the South Korea-based chipmaker stated in a press release.
SK Hynix stated it is usually trying to additional improve its foundry companies for a various vary of end-market functions together with cellular, residence digital home equipment, and automotive.
SK Hynix has solely 2% of income generated from its non-memory IC enterprise together with foundry, and owns SK Hynix System IC. Founded in 2017 as a wholly-owned subsidiary of SK Hynix specializing in foundry enterprise, SK Hynix System IC runs fabs in Cheongju, South Korea and Wuxi, China.
Park was a key determine helping SK Hynix to hold out its funding in Kioxia and in addition talks to accumulate Intel’s NAND and SSD enterprise.