South Korea's SK Hynix, Samsung Elec sign $950 billion partnership with US big tech

July 25, 2026 12:37 AM EDT

FILE PHOTO: The SK hynix logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

SEOUL, ‌July 25 (Reuters) - ​South ​Korea's Samsung Electronics ‌and SK Hynix will ⁠pursue memory ‌chip supply partnership ‌with U.S. big tech companies ​including Nvidia worth $950 billion ⁠overall, South Korea's presidential adviser ​said on Saturday.

It includes the long-term ​supply of $750 ‌billion in memory chips ⁠to U.S. companies by SK ⁠Hynix and $200 billion ​in chips by Samsung Electronics to Broadcom, ‌the presidential adviser, Kim Yong-beom, ‌told ⁠a briefing.

(Reporting ‌by Jack ​Kim; Editing by Tom ‌Hogue)



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