President Park Geun-hye attended a ceremony to mark the completion of a new chip factory by SK Hynix in Icheon, Gyeonggi-do Province, on Aug. 25.
The chipmaker’s new factory, named “M14,” was built on a site about the size of seven and a half football stadiums, covering about 53,000 square meters. One of the largest facilities in the world, the new factory is expected to produce a maximum of 200,000 sheets of 300-millimeter dynamic random access memory (DRAM) wafers on a monthly basis.
The M14 plant will start operations soon, with the goal of reaching a monthly production capacity of 3,000 sheets by the end of the year.
President Park Geun-hye (left) listens to SK Group Chairman Chey Tae-won as he explains how the M14 chip plant works.
President Park Geun-hye (center) attends a ceremony to commemorate SK Hynix’s new chip factory in Icheon, Gyeonggi-do Province, on Aug. 25.
President Park Geun-hye gives the congratulatory speech during a ceremony to mark the completion of the M14 chip plant in Icheon, Gyeonggi-do Province.
During her congratulatory speech, President Park stressed the importance of reforming the current chip industry so that it can help revitalize the economy, encouraging companies to invest more in facilities and equipment.
On top of that, the president requested that companies join forces to enhance the nation’s competitiveness in the chip industry, as she called for drastic and pre-emptive capital investments, continuous efforts to undertake R&D, institutional innovation, efforts to develop chip equipment and to foster skilled workers.
President Park Geun-hye welcomes the national team, winners of the 43rd WorldSkills Competition in Sao Paulo, to Cheong Wa Dae on Aug. 25.
Later in the day, the president welcomed to Cheong Wa Dae members of Team Korea, which won 12 gold, seven silver and five bronze medals at the 43rd WorldSkills Competition held recently in Sao Paulo from Aug. 11 to 16.
“You have conquered the world and have been recognized not only for your educational background, but also for your actual skills and talent. This victory has shown many young people that they can carve out a future solely with their skills and ability,” said President Park.
“You are genuine modern leaders, paving the way for a society that puts individual skills and capacity first,” she added.
President Park Geun-hye and Team Korea, winner of the 43rd WorldSkills Competition, pose for a group photo at Cheong Wa Dae.
By Sohn JiAe
Korea.net Staff Writer
Photos: Cheong Wa Dae
jiae5853@korea.kr
