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Samsung, SK Hynix Reject Kepco’s Power Grid Prepayment Plan
Source: Bloomberg
Infrastructure & DefenseTechnology & InnovationCompany Fundamentals
Samsung Electronics and SK Hynix rejected Korea Electric Power Corp.'s proposal to make advance electricity payments that would finance grid construction for new technology clusters. The impasse could complicate or delay power-infrastructure development needed to support the companies' planned technology expansion, though no financial terms or project timeline were disclosed.
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