SK Group Chairman Meets TSMC Chief to Discuss Chip Cooperation

Seoul: SK Group Chairman Chey Tae-won has visited Taiwan and met with the chief of Taiwan Semiconductor Manufacturing Co. (TSMC) along with officials from other semiconductor companies to discuss strengthening cooperation in the semiconductor sector, sources said.

According to Yonhap News Agency, during the meeting held earlier this week, Chey and TSMC CEO C.C. Wei agreed to work together to lay the foundation for an artificial intelligence (AI) era. They also discussed deepening cooperation in the high-bandwidth memory (HBM) sector, among other areas.

In April 2024, South Korea's leading chipmaker SK hynix Inc. established a strategic partnership with TSMC. This partnership aims to bolster SK hynix's capabilities in producing HBM chips and advanced packaging technologies.

Chey also engaged with officials from other Taiwanese IT firms to explore collaborative opportunities within the semiconductor industry. This visit marked Chey's first publicly known trip to Taiwan in 10 months since June, and he was accompanied by SK hynix CEO Kwak Noh-jung, the sources said.