Wednesday, March 27, 2019

SK hynix wins nod to build semiconductor cluster near Seoul valued at 120 trillion won ($136 billion)

SK hynix on March 27 won approval for its plan to build a semiconductor cluster in the Seoul metropolitan area as the government decided to lift development regulations in the region. The update on the project, valued at 120 trillion won ($136 billion) came after the Ministry of Trade, Industry and Energy requested the Ministry of Land, Infrastructure and Transport last month to ease regulations that limit the total size of industrial zones in the area.

Source: The Korea Herald LINK

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