KEPCO seeks US$18 billion from Samsung, SK Hynix to fund Korea's power grid
Korea Electric Power Corp. (KEPCO) has proposed that Samsung Electronics and SK Hynix prepay as much as KRW25 trillion (approx. US$18 billion) in electricity bills as South Korea looks for new ways to finance the power infrastructure required for its rapidly expanding semiconductor clusters.
Read original article ↗
Related Articles
NYKÖPING, Sweden, Sept. 3, 2026 Following a competitive evaluation process, Studsvik has selected GE Vernova Hitachi Nuc
Samsung Electro-Mechanics signs $790M AI server MLCC contract
Including this customer, Samsung Electro-Mechanics has signed long-term MLCC supply agreements (LTAs) with over 10 globa
Samsung Electronics to launch Galaxy S26 FE on Friday
Samsung Electronics Co. said Thursday it will launch the Galaxy S26 FE in Korea later this week. The latest budget Galax
Huawei, Xiaomi to launch new foldable smartphones ahead of Apple
Samsung Electronics launched its new Galaxy Z series foldable smartphones, including its first wide-folding model, kicki