SK Group chairman Chey Tae-won (崔泰源) revealed that the group is considering building semiconductor plants in Japan and elsewhere, and also mentioned expanding cooperation with Kioxia. The comments indicated the possibility of broadening cooperation to include joint production, R&D and shared supply chains.
SK Group chairman Chey Tae-won (崔泰源) said in an interview with The Asahi Shimbun in Tokyo that the group is considering building semiconductor plants overseas, including in Japan, and mentioned the possibility of jointly producing chips with Kioxia. He said joint production of memory products with Kioxia in Japan was “one option,” and that the group could explore multiple forms of cooperation, including shared R&D and supply chains.
Kioxia is a Japanese memory manufacturer with the world's fourth-largest share of the NAND flash market. It acquired Toshiba's memory business in 2018 and changed its name to Kioxia. SK hynix invested approximately ¥395 billion at the time, including convertible bonds, and remains the company's largest shareholder.