SK hynix CEO Park Sung-wook (third from left) and others pose in its new memory chip plant in Chongqing, China, Friday. (SK hynix)
SK hynix, the world’s second-largest memory chip maker, said Friday that it had completed the construction of a plant for flash memory chip packaging and testing in Chongqing, southwest China.
The $250 million plant, which has some 1,200 workers, is capable of assembling and testing 80 million 16-gigabyte NAND flash chips for mobile devices a month, the Korean company said.
It added that the Chinese plant was expected to achieve annual sales of $200 million.
“We will achieve sustainability through the chip packaging and testing plant,” said SK hynix CEO Park Sung-wook at a ceremony for the construction completion of its Chinese plant.
By Park Hyong-ki (hkp@heraldcorp.com)
