B · Normal
[Korea Electric Power plans to collect 25 trillion won in electricity bills from Samsung and SK Hynix in advance to raise funds for the construction of semiconductor power grid] On September 3, South Korea’s state-owned power company Korea Electric Power is negotiating with Samsung Electronics and SK Hynix on a multi-billion-dollar electricity bill prepayment plan to raise funds to build the power grid required for the new semiconductor industry cluster. According to the current plan, Samsung Electronics will pay 20 trillion won in advance and SK Hynix will pay 5 trillion won in advance, totaling 25 trillion won, which is approximately equivalent to the electricity bill in the next five years. KEPCO said in a statement: "The large-scale electricity bill prepayment system is a mechanism for companies in urgent need of power grid expansion and KEPCO, which needs investment funds, to mutually meet their needs. Specific details, including the prepayment amount and coverage period, have not yet been finalized."
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