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Construction is scheduled to begin in April 2026 and be completed by the end of 2027, establishing the company as a key hub for AI memory.
Global semiconductor company SK Hynix is responding to global demand for AI memory through a new investment in a cutting-edge packaging fab.
SK Hynix recently announced a new investment in P&T7, a cutting-edge packaging fab in Cheongju, North Chungcheong Province.
This investment is a strategic decision to proactively respond to the rapidly increasing demand for High Bandwidth Memory (HBM) due to intensifying competition in the AI industry and to optimize production at the Cheongju fab.
With the expansion of AI infrastructure, HBM's average annual growth rate (2025-2030) is expected to reach 33%.
Accordingly, SK Hynix has confirmed its investment in P&T7, a cutting-edge packaging and testing facility, to secure a stable supply chain in the global AI memory market and strengthen future competitiveness.
P&T7 performs essential processes for manufacturing AI memory, such as HBM, based on Advanced Packaging technology.
It will be built on a 70,000-pyeong site within the Cheongju Technopolis Industrial Complex with a total scale of 19 trillion won, and construction is scheduled to begin in April 2026 and be completed by the end of 2027.
In particular, Cheongju is expected to establish itself as a new core AI memory base for SK Hynix through organic linkage with the M15X fab, which is already under construction.
This is due to the increase in global AI memory demand. It is expected that our response capabilities will be greatly strengthened.
SK Hynix has been making investments with business competitiveness and operational efficiency as its top priorities.
Following the completion of M15 in Cheongju in 2018, the company announced plans to build a 20 trillion won M15X fab in 2024 to secure next-generation DRAM production capacity.
The project is underway with the cleanroom scheduled to open in October 2025, and equipment setup is currently progressing smoothly.
This P&T7 investment goes beyond short-term efficiency to strengthen the nation's industrial base in the long term and contributes to creating a structure in which the metropolitan area and local regions grow together.
This is expected to have a positive effect on the entire industrial ecosystem, in line with the government's regional balanced growth policy.
SK Hynix is closely reviewing the government's policy to ease corporate investment burdens during its investment process for its advanced packaging fab in Cheongju.
Improvements to the institutional environment are expected to enhance the ability to execute large-scale, long-term investments and contribute to the systematic management of complex risks.
The semiconductor industry is a sector where tangible results can be achieved when government policies and active corporate participation are in harmony.
SK Hynix plans to contribute to strengthening national industrial competitiveness and revitalizing the local economy through stable and sustainable investment.
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