on AIR LIQUIDE (EPA:AI)
Air Liquide Expands in South Korea with Major Investment
Air Liquide has announced a significant investment of nearly 200 million euros in South Korea to support SK hynix's advanced AI memory chip project. This move follows their acquisition of DIG Airgas earlier this year, enhancing their regional and industrial presence. The French multinational has signed a long-term contract with SK hynix to supply gases for their new packaging and testing facility in Cheongju, which will become operational in late 2027.
This contract underscores the strategic value of integrating DIG Airgas into Air Liquide. The synergy between Air Liquide's advanced gas technologies and DIG Airgas's local market knowledge accelerates growth in the semiconductor industry. The investment expands Air Liquide's footprint in the Cheongju area, reinforcing its competitive position in South Korea.
Ronnie Chalmers, Air Liquide Vice President, affirms the company's commitment to supporting South Korea's economy and SK hynix's AI advancements. This project leverages Air Liquide's global innovation coupled with local expertise, positioning the company as a key player in the semiconductor supply chain.
R. E.
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