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1Clear out junk files and repair common Windows errors2Fix the driver behind crashes, sound loss and screen glitches3Repair Windows errors before they cause bigger problemsSK hynix announced a roughly $3.1 billion investment in a new DRAM fabrication plant in Icheon, South Korea, in August 2018. The plan called for a 170,000-square-foot facility, construction starting later that year and completion targeted for October 2020. In 2021, EE Times identified the project as Fab M16 and reported its dedication and planned DRAM production ramp.
What SK hynix announced in 2018
The August 2018 announcement was for a new DRAM fab at SK hynix’s headquarters in Icheon, Gyeonggi Province, South Korea. EE Times reported the investment at about $3.1 billion and the planned building at 170,000 square feet. Construction was expected to begin later in 2018, with completion targeted for October 2020. EE Times’ 2018 report covered the amount, size and schedule.
The company had not yet specified which products or process technologies the plant would make. SK hynix said the production portfolio would be decided later based on market conditions and its technology capabilities, so the announcement should be understood as a planned DRAM-capacity investment rather than a fixed product-line specification.
Why invest in more DRAM capacity?
SK hynix framed the decision around growing memory demand, saying it was “essential to make additional investments in order to meet growing memory demand.” That demand context included a tight memory market: EE Times reported that the DRAM market grew 76% in 2017 and quoted Handel Jones, chief executive of International Business Strategies, forecasting 33% growth in 2018 and a market value above $100 billion in 2019. Those growth figures were contemporary reporting and forecasts, not measures of the fab’s eventual output.
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A fab investment also has a timing dimension: companies need to secure cleanroom capacity before production equipment can be installed and manufacturing ramped. The announced facility size and investment reflected a capacity-building plan, but the 2018 announcement did not give a production-volume target.
What happened to the project?
In February 2021, EE Times reported that the Icheon facility was Fab M16 and had been dedicated. The report said M16 was intended for DRAM, beginning with the 1anm generation, and that volume production was expected in the second half of 2021. It also associated roughly $3.1 billion in investment with M16. The 2021 follow-up is the later status report; it establishes dedication and a stated production ramp expectation, not the precise date when commercial volume output began.
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The original October 2020 completion target and the 2021 dedication report describe different milestones. The available reporting does not establish whether every part of the original schedule was met exactly as planned.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How M16 fits into SK hynix’s later expansion
M16 was one step in a longer capacity-expansion story, not the same project as the company’s later plans for other sites. In 2026, SK hynix’s newsroom described a separate 54-trillion-won program involving Yongin Y2 and Cheongju M17. That later program should not be conflated with the 2018 Icheon investment. SK hynix’s newsroom provides the company’s current context for that subsequent expansion.
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