# Samsung and SK hynix reportedly add two Honam fabs to 2040 plans

_Published Thursday, August 20, 2026 at 5:18 PM EDT · Infrastructure · Developing · Tier 2 — Notable_

![Samsung, SK hynix to Add 2 More Chip Fabs in Honam — Primary](https://wimg.sedaily.com/news/cms/2026/08/21/rcv.YNA.20260730.PYH2026073015350001300_P1.jpg)

Samsung Electronics and SK hynix plan to add at least two semiconductor fabs in South Korea's Honam region by 2040, according to industry sources cited by Seoul Economic Daily.

The companies had previously planned four fabs in the region, and the additional facilities were included in a government power-demand reassessment, the report said. The Ministry of Climate, Energy and Environment now forecasts peak 2040 electricity demand of as much as 165 GW, with advanced industries and AI data centers a major source of the increase.

## Sources

- [en.sedaily.com](https://en.sedaily.com/finance/2026/08/21/samsung-sk-hynix-to-add-2-more-chip-fabs-in-honam)

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Canonical: https://techandbusiness.org/newswire/SDkvobRfgsM4Um7YsLOPno
Published: 2026-08-20T21:18:07.333Z
Story chronology: 2026-08-20T20:30:05.000Z
Retrieved: 2026-10-05T13:56:52.600Z
Publisher: Tech & Business (techandbusiness.org)