South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with U.S. big tech
South Korean tech giants Samsung Electronics and SK Hynix have entered into a $950 billion partnership to supply memory chips to major U.S. technology companies. The deal includes significant long-term supply commitments to firms such as Nvidia and Broadcom.
Why it matters
This massive investment highlights the critical role of South Korean semiconductor manufacturers in the global AI and tech supply chain.
South Korea’s Samsung Electronics and SK Hynix will pursue memory chip supply partnership with U.S. big tech companies including Nvidia worth $950 billion overall, South Korea’s presidential adviser said on Saturday.
It includes the long-term supply of $750 billion in memory chips to U.S. companies by SK Hynix and $200 billion in chips by Samsung Electronics to Broadcom, the presidential adviser, Kim Yong-beom, told a briefing.
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