Hynix looks to increase capacity & profits

Kim Yoo-chul of the Korea Times reports that Hynix Semiconductor is expecting good times and spending money.

Hynix Semiconductor, the world’s No. 2 manufacturer of dynamic random access memory (DRAM) chips after Samsung Electronics, said Tuesday that it will invest 1.5 to 2 trillion won in its plant in China to boost DRAM production.

"We will invest up to 2 trillion won before the third quarter of this year to boost production of 12-inch (300mm) wafers at our Wuxi factory’s C2 line," Kim Jung-soo, head of the company’s investor relations team, told The Korea Times.

(Aerial view of the Hynix plant in Wuxi, Jiangsu Province, China)