Submitted by TKorea on 2009/12/24 – 6:06 pmOne CommentHynix Semiconductor, the world’s second-largest chip maker, will invest 2.3 trillion won (US$1.96 billion) next year on its manufacturing infrastructure, the company said Thursday.
Hynix said the money will be spent on improving productivity and the quality of its DRAM and NAND flash memory chips.
The firm’s main creditor, Korea Exchange Bank, said earlier this week that Hynix will be able to pay off its debt of 1 trillion won and invest 2.3 trillion won by liquidating its own assets.