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Market Chatter: Samsung Electronics, SK Hynix Join $5 Billion R&D Initiative in US

MT Newswires Live
3 hours ago

Samsung Electronics Co (KRX:005930) and SK Hynix (KRX:000660) joined the US equipment maker Applied Materials-led $5 billion global semiconductor research and development initiative in California, Pulse reported Tuesday.

The US-based company launched its Equipment and Process Innovation and Commercialization Center facility in Sunnyvale, California, on Monday, the report said.

Among the founding partners of the EPIC Center are Taiwan Semiconductor Manufacturing Co. (TPE:2330), Kioxia (TYO:285A), and Intel, among others.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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