Amkor Technology Korea has announced plans for an additional investment of approximately 2 trillion won in its Gwangju factory, following an initial investment of 1 trillion won.
If realized, this investment is expected to coincide with Samsung Electronics' and SK Hynix's plans, propelling Gwangju's advanced district to become a leading semiconductor packaging production base in South Korea.
Amkor, a global leader in semiconductor packaging, is headquartered in the United States.
According to Gwangju city officials and industry sources on September 21, Amkor is considering expanding its semiconductor packaging production facilities at its Gwangju factory located in the North District's advanced area.
Semiconductor packaging is a post-manufacturing process that protects semiconductor chips from external environments and connects them electrically to substrates or electronic devices, completing the final product.
As a major player in the global semiconductor packaging market, Amkor's additional investment aims to enhance production capacity in the semiconductor packaging sector, which is currently a focus at the Gwangju factory.
On June 30, during the 'Southwest Region Advanced Industry Development Vision National Report Meeting' held at the Kim Dae-jung Convention Center, Amkor announced its plan to invest 1 trillion won in the Gwangju factory.
It has since been reported that the company is preparing for further expansion beyond the initial investment.
The amount and timing of the additional investment have yet to be finalized.
Amkor's additional investment is seen as a long-term strategy to respond to the surging global demand for semiconductors and to prepare for the mass production of semiconductors by Samsung Electronics and SK Hynix in Gwangju.
Amkor is currently in the process of seeking approval from its U.S. headquarters and board of directors for the additional investment plan.
Meanwhile, Gwangju city and Jangseong County signed a 'Semiconductor Wastewater Treatment Memorandum of Understanding' on September 18 at the Muan Government Complex to support Amkor Technology Korea's semiconductor factory investment.
This agreement addresses the critical issue of wastewater treatment, which is seen as a major prerequisite for the success of the additional investment.
* This article has been translated by AI.
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