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[BUSINESS]■ STORY TIMELINE

SAMSUNG, SK HYNIX REJECT KEPCO POWER PREPAYMENT PLAN

Samsung Electronics and SK Hynix have rejected Korea Electric Power Corp's proposal to prepay approximately $18.7 billion in electricity costs for new chip manufacturing clusters. The companies cited uncertainty over long-term chip demand as their reason for declining.

2 SOURCESFIRST SEEN SEP 14, 02:16 AM► READ THE ARTICLE
Bloomberg Tech+0m

Samsung Electronics Co. and SK Hynix Inc. have rejected a proposal from Korea Electric Power Corp. that would have seen…

Techmeme+1h 4m

Reuters: Document: Samsung and SK Hynix rejected KEPCO's proposal to prepay ~$18.7B of chip cluster power bills, citing…