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Samsung, SK Hynix reject KEPCO's $19 billion power prepayment proposal, document shows
Source: reuters.com
Infrastructure & DefenseTechnology & InnovationCompany Fundamentals
Samsung Electronics and SK Hynix rejected Korea Electric Power Corp.'s proposal for a combined 25 trillion won ($18.7 billion) upfront contribution to support electricity infrastructure for planned semiconductor mega-clusters. The disagreement could delay or complicate financing for the power capacity required for major chip-industry expansion, creating a modest execution risk for the projects.
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