your current location is：Home > Finance > NewsletterHomeNewsletter

according to a Reuters report, people familiar with the matter revealed that just after the US "Chip Act" was officially completed, South Korean memory chip maker SK Hynix will build an advanced chip packaging factory in the United States and will open it in 2023. Ground was broken around the first quarter of the year.

The report quoted an unnamed source as saying that SK hynix's plan to build a new factory in the United States is expected to cost "billions of dollars" and will create 1,000 local jobs in the future. Enter the mass production stage. The source also pointed out that the current projected location of the factory may be near a university with engineering-related talent.

In fact, not long ago SK Hynix announced that it will invest 22 billion US dollars in the United States for the development of semiconductors, green energy and biological sciences and other fields. Among them, the semiconductor field is expected to invest 15 billion US dollars. Specifically, the $15 billion will be used for research and development related programs, materials research and development, and the construction of advanced packaging technologies and test equipment.

The source further pointed out that SK hynix will also establish a nationwide R&D cooperation network and related facilities for packaging SK hynix's memory chips and logic chips designed by other American companies for machine learning and artificial intelligence applications.

As the United States recently passed the "Chip and Science Act" and completed the legislation, the bill will provide a total of 52.7 billion US dollars in subsidies and about 24 billion US dollars in tax incentives for chip manufacturing and research, which will provide chip manufacturers within 5 years. About $39 billion in subsidies. Sources said that SK Hynix expects to invest in chip packaging plants in the United States to be eligible for funding under the bill.

It is worth mentioning that on the same day that the "Chip and Science Act" was completed, the US memory chip manufacturer Micron also announced that it would invest 40 billion US dollars to build advanced memory chip manufacturing facilities in the United States by 2030. It hopes to increase the global share of memory chip manufacturing in the United States from 2% to 10%.