SK hynix Invests 54 Trillion Won in Yongin Y2 and Cheongju M17 to Secure Mid-to-Long-Term Production Base for AI Memory Demand

The company plans to invest 35.2 trillion won in the Yongin “Y2” fab and 19.1 trillion won in the Cheongju “M17” fab to expand its DRAM and NAND production capacity. It expects to open the Y2 cleanroom in June 2029 and the M17 cleanroom in December 2028. The announced capex supports a mid-to-long-term growth strategy and should be viewed as modestly positive for capacity ramp and supply positioning.

Analysis

The company plans to invest 35.2 trillion won in the Yongin “Y2” fab and 19.1 trillion won in the Cheongju “M17” fab to expand its DRAM and NAND production capacity. It expects to open the Y2 cleanroom in June 2029 and the M17 cleanroom in December 2028. The announced capex supports a mid-to-long-term growth strategy and should be viewed as modestly positive for capacity ramp and supply positioning.