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South Korea’s SK Hynix Announces Plans to Build $4-Billion Chip Plant Near Purdue University

March 26, 2024
The Wall Street Journal said the facility would generate from 800 to 1,000 jobs.

South Korean semiconductor manufacturer SK Hynix plans to invest approximately $4 billion to establish an advanced chip-packaging facility in West Lafayette, IN, according to a Yahoo News report. The facility would be located near Purdue University, which offers semiconductor and microelectronics-engineering programs. The Wall Street Journal said the facility would generate from 800 to 1,000 jobs.

There’s also a plan on the drawing boards at Purdue where Skywater Technology, the state of Indiana and Purdue University would jointly develop a $1.8-billion-dollar semiconductor factory in Purdue’s Discovery Park District