Asia Express - East Asian ICT
Hynix Investing in DRAM, NAND Production
January 27, 2006
Hynix recently stated in a regulatory filing that it plans to invest 934.6 billion Won in expanding R&D and production of DRAM and NAND chips. Through the new investment the company wants to improve its price competitiveness and make sure that it will be able to meet growing market demand.