SK hynix is exploring the feasibility of producing memory chips in Japan through a joint venture, as one of several options to meet surging demand for artificial intelligence while keeping production costs under control. SK Group Chairman Chey Tae-won stated during a meeting of Korean and Japanese chamber of commerce members in Sendai that SK hynix is considering multiple locations to build a jointly operated plant. In an interview, Chey said, "We are looking at various sites across Japan. As l

SK Hynix is studying the feasibility of producing memory chips in Japan through a joint venture, which is one of several options the company is considering to meet the rapidly soaring demand for artificial intelligence while controlling production costs. SK Group Chairman Chey Tae-won stated during a meeting of South Korea-Japan Chamber of Commerce members in Sendai that SK Hynix is considering multiple locations to build factories jointly operated by both sides. In an interview, Chey Tae-won said: "We are searching for locations across Japan. As long as there is sufficient electricity and water resources, anywhere is possible." When asked about potential partners or specific locations within Japan, he declined to disclose further details. SK Group's businesses cover energy, telecommunications, and chips, among multiple sectors, and are responsible for coordinating major investment fund allocations at the group level.