Company/Division name | SK Hynix |
Parent company | SK Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1000 |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2028 |
Capital investment ($): | 3870 |
Country(ies) from which reshored: | Korea, South |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | high-bandwidth memory chips |
What non-domestic negative factors made offshoring less attractive? | Strained offshore relationships, Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |