TechReuters1h ago
Document: Samsung and SK Hynix rejected KEPCO's proposal
Document: Samsung and SK Hynix rejected KEPCO's proposal to prepay ~$18.7B of chip cluster power bills, citing uncertainty over long-term chip demand
TL;DRSamsung and SK Hynix refused to prepay $18.7B in electricity bills due to chip demand concerns.
Why it matters: Chip giants' hesitation signals industry uncertainty about future demand, affecting Korea's power infrastructure investment and costs.
Samsung Electronics (005930.KS) and SK Hynix (000660.KS) have rejected a proposal by Korea Electric Power Corp (015760.KS) to make a 25 trillion won …
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