Google, Microsoft, and Meta proposed "investing money to build production lines," but SK Hynix said, "We don't want money; we want five-year long-term contracts, higher advance payments, and minimum price guarantees."
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SK Hynix holds a monopoly position in HBM, turning the investment enthusiasm of tech giants into more favorable long-term contract terms, rather than factory equity.
Google’s parent company Alphabet, Microsoft, and Meta are competing to propose tens of trillions of Korean won in factory construction and equipment procurement funding