Framing Analysis
SK Hynix CEO Kwak Noh-jung confirmed a new U.S. plant in West Lafayette, Indiana, with groundbreaking held this week and production targeted for 2029. The company is also exploring expanded cooperation with Japanese memory suppliers while maintaining no fixed plans for its Kioxia stake. Reuters and The Japan Times report the facility will focus on HBM and advanced packaging amid projected memory shortages through 2030.