Recently, SK Group officially announced that SK Hynix plans to spend up to 103 trillion won before 2028 to fully promote its deep development in the chip field, especially artificial intelligence (AI) as a core strategic direction.

According to a number of authoritative media comprehensive reports, SK Hynix this huge investment of nearly 80%, about 82 trillion won will be directly injected into the high frequency width memory chip (HBM) research and development and production. This decision undoubtedly demonstrates SK Hynix's firm determination to improve the speed and efficiency of data processing, which is expected to bring revolutionary breakthroughs in the fields of AI, big data and high-performance computing.

In addition, SK Group also revealed that in order to accelerate the pace of AI and semiconductor technology innovation and reward shareholders, the group plans to invest an additional 80 trillion won by 2026. At the same time, in order to optimize resource allocation and improve operational efficiency, SK Group also plans to streamline its huge subsidiary system, which is expected to reduce more than 175 subsidiaries.

SK Group is confident in its financial outlook. The group expects its pre-tax profit to reach 22 trillion won by 2024, successfully achieving a turnaround. It is worth noting that SK Group has set a pre-tax profit target of 40 trillion won for 2026.

In fact, this is not the first time SK Hynix has made large-scale investments around the world. The company has taken the lead by investing in an advanced AI product packaging plant and research center in Indiana, USA, with a total investment of up to $3.87 billion. At the same time, SK Hynix also spent $14.6 billion in South Korea to build a new memory chip industrial park, further consolidating its leading position in the global semiconductor market.

In terms of market reaction, although SK Hynix's share price fell slightly on the morning of the 1st, analysts generally believe that this has not affected the market's positive expectations for SK Hynix's future development prospects. With the gradual implementation of the investment plan and the continuous emergence of scientific and technological achievements, SK Hynix is expected to achieve more brilliant performance in the next few years.