Technology South Korean computer chipmaker plans $3.87 billion Indiana semiconductor plant and research center

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A major South Korean computer chipmaker said Wednesday it plans to spend more than $3.87 billion in Indiana to build a semiconductor packaging plant and research and development center

A major South Korean computer chipmaker said Wednesday it plans to spend more than $3.87 billion in Indiana to build a semiconductor packaging plant and research and development center.

SK Hynix expects the campus to create as many as 800 high-wage jobs in engineering, technical support, administration and maintenance by the end of 2030.

The investment will move Indiana to the forefront of artificial intelligence in America, said Purdue University President Mung Chiang said. The new plant will be built at the Purdue Research Park, an economic development incubator at the university.

The company said the plant will produce high-bandwidth memory chips that will help meet U.S. demand for semiconductors, develop future generations of chips and house an advanced packaging research and development line at the 430,000-square-foot plant (nearly 40,000-square-meter) around 100 miles (160 kilometers) southeast of Chicago.

 
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