SK hynix to Prepay Up to 50% of Suppliers' R&D Costs

Chipmaker Hosts 2026 Partners Day for About 100 Suppliers Up to 50% of Early R&D Costs Paid Upfront Costs Settled Even When Development Fails Payment Support Fund Doubled to 100 Billion Won

Finance|
| Updated 2026.09.29. 16:12:59
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By Lee Seok-jinsj@sedaily.com
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Kwak Noh-jung, president and chief executive of SK hynix, delivers remarks of appreciation at the "2026 Partners Day" attended by about 100 supplier executives on Feb. 28. /SK hynix - Seoul Economic Daily Finance News from South Korea
Kwak Noh-jung, president and chief executive of SK hynix, delivers remarks of appreciation at the "2026 Partners Day" attended by about 100 supplier executives on Feb. 28. /SK hynix

SK hynix said on the 29th that President Kwak Noh-jung and other top executives met with representatives from about 100 suppliers at "2026 Partners Day," where they discussed the expanded cooperation measures. This year's event marked the 25th anniversary of the launch of its Win-Win Growth Council.

At the core is support tailored to four stages of a supplier's growth: technology development, testing and verification, mass production, and sales. At the development stage, a newly created "R&D Challenge Reward" program will cover up to 50% of initial development costs. Even if development fails or does not result in a purchase, SK hynix will settle the costs based on technical results and contribution.

At the testing and verification stage, SK hynix will allow suppliers' products to be run on its own production lines to verify yields and reliability. The company is also accelerating plans to build "Trinity Fab," a roughly 3,300-square-meter (1,000-pyeong) process demonstration facility at the Yongin semiconductor cluster, targeting a launch next year.

At the mass-production stage, it will provide low-interest funding through its win-win growth fund and extend consulting to second- and third-tier suppliers. Finally, to support smoother sales, it will double its payment support fund to 100 billion won ($68 million) from 50 billion won.

"Building on the trust we have accumulated so far, let us pioneer the future together and open a new 25 years of even greater leaps forward," Kwak said.

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Original reporting by Lee Seok-jin for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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