SK hynix is exploring a major global production expansion through new semiconductor plants in the U.S. and Japan. The strategy aims to increase capacity while strengthening partnerships with Japanese equipment suppliers and American tech clients.

Industry sources value the potential investment in a Japanese facility at tens of trillions of won. The company is currently evaluating sites in Japan’s Miyagi prefecture, a designated semiconductor hub.

Rising global demand for AI-driven memory chips is fueling the expansion considerations. SK hynix stated that it has not yet reached a final decision on the projects.