SK chief eyes Gwangju chip fabs alongside Yongin cluster

What happened: SK Group Chairman Chey Tae-won said the group may build semiconductor plants in Gwangju alongside its Yongin chip cluster, during his first visit to the planned site at the Gwangju military air base. Key numbers: Gwangju facilities initially planned at roughly two-thirds the size of Yongin. Why it matters: Chey said demand is rising so fast that capacity may need parallel development with Yongin. Timing depends on government securing electricity and industrial water, though he said construction could start first if timing works.

SK Group Chairman Chey Tae-won said the group may build semiconductor plants in Gwangju alongside its Yongin chip cluster, during his first visit to the planned site at the Gwangju military air base.

Chey said demand is rising so fast that capacity may need parallel development with Yongin. Timing depends on government securing electricity and industrial water, though he said construction could start first if timing works.