West Lafayette, Indiana — According to state and local development sources, SK Hynix plans to invest $4,000,000,000.00 to expand into new space in West Lafayette. The company is creating 800 new jobs at this facility. The company plans to occupy the new space in West Lafayette, on or about June 1, 2028. According to the company website Semiconductors are essential to all IT products, and its performance often determines the performance of the final products. SK hynix is a global leader in producing semiconductor, such as DRAM, NAND Flash and CMOS Image Sensors. With these technology driven semiconductor products, SK hynix consistently led the industry and is now the second largest memory chip maker. IT devices become more pervasive as new imaginative and innovative IT products continue to grab imagination and desires of consumers. SK hynix has enhanced its competency with the best level of technology and a wide range of business portfolios in order to satisfy all those demand from customers. As a member of SK Group, SK hynix is aiming at becoming the worlds best semiconductor company. SK Group is one of South Koreas top three industrial conglomerates. It has about 198 affiliated companies, ranging from energy, telecommunications, finance, and construction.

To learn more about SK Hynix, visit http://www.skhynix.com/

Company Contact:
Kwak Noh-Jung, Chief Executive Officer
408-232-8000

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