SK hynix will decide on U.S.location by early next year

South Korean conglomerate SK Group said last month that it intends to allocate up to $22 billion over the coming years to U.S.
science and industry, of which $15 billion will go directly to the U.S.
semiconductor sector.
Unofficially, SK hynix plans to build a chip packaging and testing facility in the country by 2025, with the location to be chosen by early 2023.Image source: SK hynixThis was reported by Reuters citing its own sources.
According to reports, SK hynix is ready to spend several billion dollars to build the plant and create about 1,000 jobs, while choosing the site for the new company will be given preference to areas in the relative proximity of universities that can supply it with qualified personnel.
The U.S.
enterprise SK hynix will start mass testing and packaging of chips in the period from 2025 to 2026.Official representatives of the Korean company has no comment on these rumors, only referring to the desire of the parent structure SK Group to allocate $ 15 billion for the development of the semiconductor industry in the region.
In addition to the enterprise for packaging and testing chips, the Korean giant is going to invest in creating a network of research centers in the United States.
This type of activity will also allow the company to qualify for government subsidies as part of the recently passed package of laws.