300mm Polished Wafer
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SK siltron to Invest USD 686 Million to Expand its Semiconductor Wafer Capacities
2022-09-30- USD 842 million investment in progress, with decision to invest USD 686 million in expansion projects approved at the board of directors meeting on the 29th
- The largest investment ever in the Gumi National Industrial Complex expected to contribute to vitalizing the local economy in Gumi and Gyeongsangbuk-do
At a meeting held on the 29th, the SK siltron board of directors approved the investment of USD 686 million in the expansion of facilities for the production of 300 mm (12 inch) silicon wafers.
The decision to invest an additional USD 686 million in production capacities came after the board’s approval last March of SK siltron’s New Fab. investment of more than USD 842 million.
Due to the recent global economic downturn, the semiconductor industry is also experiencing greater volatility. However, industry experts predict that the semiconductor market will quickly rebound after only a short downturn. These predictions are why major semiconductor manufacturers in Korea and overseas are actively investing in facilities despite the current uncertain circumstances. Since facility construction through large-scale capital investment is essential for the semiconductor industry and since it takes several years for investment decisions to translate into mass production, the industry must always look ahead and prepare for future market changes. SK siltron appears to be making bold investment decisions to gain an edge in the wafer-supply competition, which is expected to heat up in about two to three years.
SK siltron's investment in the silicon wafer business is seen by many as a prime example of non-metropolitan investment, and to date, it is the largest investment ever made in the Gumi National Industrial Complex. With its investment, SK siltron plans to hire more than 1,000 new employees and is expected to contribute greatly to vitalizing the local economy in Gumi.