South Korean chipmakers accelerate facility investments amid booming AI demand
By
Binu Mathew
Seoul [South Korea], July 4 (ANI): South Korea’s leading semiconductor companies are increasing their investments in production facilities, driven by strong forecasts for rapid growth in the artificial intelligence (AI) chip market, reported the Korea Herald.
Samsung Electronics is reviewing plans to restart construction of chip manufacturing plants in Korea, while SK hynix has recently begun building a new back-end processing facility.
