The U.S. government is asking Samsung Electronics and SK hynix to expand memory production in the United States. The focus is on how the companies' combined investment plan of around 800 trillion won in South Korea will coexist with their U.S. expansion.
The U.S. government is asking South Korea's leading memory companies, Samsung Electronics and SK hynix, to expand memory semiconductor production in the United States. Meanwhile, South Korea has outlined an investment plan totaling around 800 trillion won, and both companies are moving ahead with their plans in the country.
U.S. Commerce Secretary Lutnick said at an event in July that he intended to encourage both companies to build plants in the United States, and explained that specific conditions, including the location and scale of the plants, the products to be manufactured and the timing of investment, had not been disclosed. The United States is focused on building domestic production capacity to support the supply chains for AI data centers and electronic equipment.
South Korea has outlined a plan to invest 800 trillion won in the Honam region in the country's southwest and develop 4 semiconductor plants. Progress on securing land and developing infrastructure, including electricity, water and labor, is expected to determine the pace of the project, while construction of front-end fabs in the United States will also be considered.