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South Korea Launches Task Force for Next-Generation Power Semiconductors and SK Hynix Expands Fab Investment

SEMICONDUCTOR

South Korea's Ministry of Trade, Industry and Energy has launched a task force for next-generation power semiconductors, aiming to increase technology self-reliance from 10% to 20% by 2030. The task force will finalize a development roadmap by H1 2026 and initiate large-scale R&D project planning by H2 2026.

SK Hynix announced a KRW 21.6 trillion (~USD 15 billion) investment for its Yongin fab to meet rising global demand driven by AI. This marks a cumulative investment of KRW 31 trillion (~USD 21.5 billion) for the facility. Samsung Electronics and Micron Technology are also expanding their semiconductor capacities, focusing on integrated production and geographic diversification, respectively.

South Korea Launches Task Force for Next-Generation Power Semiconductors and SK Hynix Expands Fab Investment
Mar 5, 2026, 3:02 PM

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