Amkor Technology’s South Korean unit is weighing a KRW 1 trillion ($650 million) investment to expand its Gwangju facilities. Local media and city officials report the project focuses on increasing chip packaging and testing capacity. The company has not yet officially confirmed the expansion plans.

Rising orders from major clients like TSMC are reportedly driving the potential investment. This move addresses a global surge in demand for advanced semiconductor packaging capabilities. The expansion would boost Amkor’s production capacity and solidify its role in the global chip supply chain.