{"id":6286,"date":"2024-04-03T17:07:00","date_gmt":"2024-04-03T17:07:00","guid":{"rendered":"https:\/\/new.www.purdue.edu\/newsroom\/?post_type=purduetoday&p=6286"},"modified":"2024-08-20T12:19:57","modified_gmt":"2024-08-20T16:19:57","slug":"sk-hynix-announces-semiconductor-advanced-packaging-investment-in-purdue-research-park","status":"publish","type":"post","link":"https:\/\/www.purdue.edu\/newsroom\/2024\/Q2\/sk-hynix-announces-semiconductor-advanced-packaging-investment-in-purdue-research-park","title":{"rendered":"SK hynix announces semiconductor advanced packaging investment in Purdue Research Park"},"content":{"rendered":"

WEST LAFAYETTE, Ind. —<\/p> \n

SK hynix Inc. announced Wednesday (April 3) that it plans to invest close to $4 billion to build an advanced packaging fabrication and R&D facility for AI products in the Purdue Research Park. The development of a critical link in the U.S. semiconductor supply chain in West Lafayette marks a giant leap forward in the industry and the state.\u00a0<\/p>\n<\/div>\n\n\n

\u201cWe are excited to build a state-of-the-art advanced packaging facility in Indiana,\u201d said SK hynix CEO Kwak Noh-Jung. \u201cWe believe this project will lay the foundation for a new Silicon Heartland, a semiconductor ecosystem centered in the Midwest Triangle. This facility will create local, high-paying jobs and produce AI memory chips with unmatched capabilities, so that America can onshore more of its critical chip supply chain. We are grateful for the support of Gov. Holcomb and the state of Indiana, of President Chiang at Purdue University, and of the broader community involved, and we look forward to expanding our partnership in the long run.\u201d<\/p>\n\n\n\n

SK hynix joins Bayer, imec, MediaTek, Rolls-Royce, Saab and many more national and international companies bringing innovation to America’s heartland. The new facility \u2014 home to an advanced semiconductor packaging production line that will mass-produce next-generation high-bandwidth memory, or HBM, chips, the critical component of graphic processing units that train AI systems such as ChatGPT \u2014 is expected to provide more than a thousand new employment opportunities in the Greater Lafayette community. The company plans to begin mass production in the second half of 2028.<\/p>\n\n\n\n

The project marks SK hynix\u2019s intention for long-term investment and partnership in Greater Lafayette. The company\u2019s decision-making framework prioritizes both profit and social responsibility while promoting ethical actions and accountability. From infrastructure developments that make accessing amenities easier to community empowerment projects such as skill development and mentorship, the SK hynix advanced packaging fabrication marks a new era of collaborative growth.<\/p>\n\n\n\n

\u201cIndiana is a global leader in innovating and producing the products that will power our future economy, and today\u2019s news is proof positive of that fact,\u201d said Indiana Gov. Eric Holcomb. \u201cI\u2019m so proud to officially welcome SK hynix to Indiana, and we\u2019re confident this new partnership will enhance the Lafayette-West Lafayette region, Purdue University and the state of Indiana for the long term. This new semiconductor innovation and packaging plant not only reaffirms the state\u2019s role in the hard-tech sector, but is also another tremendous step forward in advancing U.S. innovation and national security, putting Hoosiers at the forefront of national and global advancements.\u201d <\/p>\n\n\n\n

Investment in the Midwest and Indiana was spurred by Purdue\u2019s excellence in discovery and innovation and its track record of exceptional R&D and talent development through collaboration. Partnerships among Purdue, the corporate sector, and the state and federal government are essential to advancing the U.S. semiconductor industry and establishing the region as the Silicon Heartland.<\/p>\n\n\n\n

\u201cSK hynix is the global pioneer and dominant market leader in memory chips for AI,\u201d Purdue President Mung Chiang said. \u201cThis transformational investment reflects our state and university\u2019s tremendous strength in semiconductors, hardware AI and development of the Hard-Tech Corridor. It is also a monumental moment for completing the supply chain of the digital economy in our country through the advanced packaging of chips. Located at Purdue Research Park, the largest facility of its kind at a U.S. university will grow and succeed through innovation.\u201d<\/p>\n\n\n\n

In 1990 the U.S. was producing nearly 40% of the world\u2019s semiconductors. However, as manufacturing moved to Southeast Asia and China, the U.S. global output of semiconductor manufacturing has fallen to closer to 12%.<\/p>\n\n\n\n

\u201cSK hynix will soon be a household name in Indiana,\u201d said U.S. Sen. Todd Young. \u201cThis incredible investment demonstrates their confidence in Hoosier workers, and I\u2019m excited to welcome them to our state. The CHIPS and Science Act opened a door that Indiana has been able to sprint through, and companies like SK hynix are helping to build our high-tech future.\u201d <\/p>\n\n\n\n

To aid in bringing semiconductor manufacturing closer to home and shoring up global supply chains, the U.S. Congress introduced the Creating Helpful Incentives to Produce Semiconductors for America Act, or CHIPS and Science Act, on June 11, 2020. Signed by President Joe Biden on Aug. 9, 2022, it funds holistic development of the semiconductor industry to the tune of $280 billion. It supports the nation’s research and development, manufacturing, and supply chain security of semiconductors.<\/p>\n\n\n\n

\u201cWhen President Biden signed the bipartisan CHIPS and Science Act, he put a stake in the ground and sent a signal to the world that the United States cares about semiconductor manufacturing,\u201d said Arati Prabhakar, President Biden\u2019s chief science and technology advisor and director of the White House Office of Science and Technology Policy. \u201cToday\u2019s announcement will strengthen the economy and national security, and it will create good jobs that support families. This is how we do big things in America.\u201d<\/p>\n\n\n\n

Purdue Research Park, one of the largest university-affiliated incubation complexes in the country, unites discovery and delivery with easy access to Purdue faculty experts in the semiconductor field, highly sought-after graduates prepared to work in the industry, and vast Purdue research resources. The park also offers convenient accessibility for workforce and semitruck traffic, with access to I-65 just minutes away.<\/p>\n\n\n\n

This historic announcement is the next step in Purdue University\u2019s persistent pursuit of semiconductor excellence as part of the Purdue Computes initiative. Recent announcements include these<\/p>\n\n\n\n