Fire at SK Hynix Cheongju Plant Quickly Extinguished, No Impact on Chip Production
A fire and toxic gas leak at SK Hynix's Cheongju semiconductor plant in South Korea led to the evacuation of about 3,600 workers. Seven people were injured in the incident, which occurred on Monday mid-morning.
koreatimes.co.krA fire and toxic gas leak at SK Hynix's Cheongju semiconductor factory in South Korea prompted the evacuation of about 3,600 workers on Monday mid-morning. The fire erupted in a sixth-floor gas room connecting the M15 and M15X plants and was quickly extinguished by the factory's fire suppression system. Seven people were injured.
SK Hynix stated that the incident may have originated from a gas pipeline. The company added that production lines for critical memory chips were not impacted. Yonhap News Agency reported the details of the evacuation and injuries.
SK Hynix is the world's second-largest DRAM producer. The company controlled about 32% of the DRAM market in 4Q25, according to TrendForce data. 4% of the market during the same period.
Retail pricing for DDR5 64GB memory chips dropped from $925 to about $853 in late May, according to CamelCamelCamel data. Prices for the same chips were around $200 one year earlier. @zerohedge reported that SK Hynix is one of the world's top three memory chip companies, alongside Samsung and Micron.
The report noted that any real production disruption at SK Hynix could have affected DRAM prices given the company's position in the supply chain.
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