It is not clear what will be made at the plants yet, but they are in addition to its M14 site which is about to churn out 20-Nano DRAM.
The 20-Nano tech is expected to distance Hynix from the rest of the pack and put the outfit in joint first-place as market leaders.
The announcement was one of the first outings for Chairman Chey Tae-won of SK Group, who is just out of prison. Chey was serving a four-year prison term for embezzlement of his company's funds before being pardoned by President Park Geun-Hye as part of the commemorations of World War II.
It is nice to see him rehabilitated into society and surrounded by so many of South Korea's leaders. Word on the Street was that he was running his company from prison which just shows how easy it is to do business in Korea
M14 is located in Icheon Headquarters was set at 53,000 m2 which is equivalent to 7.5 football stadiums. As the biggest single building with a size of 66,000 m2, two-story Clean Room can produce up to 200,000 300mm wafer sheets per month. The Output of M10, which is currently in operation, is about 120,000 to 130,000 sheets per month.
SK Hynix is going to invest total of $12.7 billion (15 trillion KRW) into M14 and begin operation starting from 3rd quarter and produce high-tech 20-Nano D-RAM.
It will produce 3,000 wafer sheets per month by end of this year, it is going to gradually increase its output.
The two new plants are in Icheon and Cheongju separately. It is investing $26.2 billion. Icheon will start site renovation starting from next year, and Cheongju will look to secure a new landsite.
Chairman Choi Tae Won of SK Group said that he was thankful for government, local governments, communities, cooperative companies, and others that showed supports and concerns to successfully establish M14.
"Although it is difficult to foresee competition situation in the future, we are going to do our best to repay Korean citizens' expectations and supports by strengthening medium and long-term competitive edge through continuous innovation and investment in people." he said.
