SK Group chairman says a joint memory plant in Japan is under review

SK Group Chairman Chey Tae-won said on August 31, 2026 that a joint memory chip plant in Japan is at the review stage and that the group is looking across Japan for a site. SK hynix said it is still weighing multiple options to expand production overseas, and an August 21 regulatory disclosure said nothing had been finalized. The company has not confirmed reports of a Miyagi Prefecture site with an investment of tens of trillions of won.

• Status: under review; no deal announced
• Chey: the group is looking all over Japan
• August 21 disclosure: nothing finalized on reported Miyagi plant
• Partners, site and investment size not confirmed by the company