PSK Approves $136 Million Investment in Yongin Campus Expansion in Gyeonggi-do, South Korea

PSK's Board of Directors approved a facility investment of approximately USD 135.75 million during a resolution passed on October 23, 2026.

The stated purpose of the outlay is the establishment of the company's Yongin Campus, which includes the purchase of land, with completion expected by May 31, 2028. The project window runs from October 23, 2026, through May 31, 2028, and the investment figure is stated excluding VAT.

Location Within the Yongin Semiconductor Cluster

The new campus will be situated in the Semiconductor Cluster General Industrial Complex in Wonsam-myeon, Cheoin-gu, Yongin-si, Gyeonggi-do, according to the disclosure.

How the Project Compares to PSK's Balance Sheet

The USD 136 million commitment equals 33.39% of the company's equity capital, which the filing cites as USD 406.44 million.

That equity figure is drawn from PSK's consolidated financial statements for the 7th period as of December 31, 2025, prepared under Korean International Financial Reporting Standards (K-IFRS).

Borrowings to Carry Most of the Cost

Roughly 80% of the total investment is expected to come from external borrowings, the filing states, noting that the financing remains subject to the company's future financial planning.

What the Company Aims to Achieve

PSK identified two principal objectives for the investment: expanding production capacity and strengthening its global competitiveness in the semiconductor Materials, Parts, and Equipment sector.

Governance of the Board Resolution

The October 23, 2026, board meeting saw both outside directors in attendance, with none absent, and the auditor also present, per the filing.

Disclosure Flags Uncertainty on Final Scale

The company cautioned that the final amount and duration of the investment could change depending on permit approvals, the pace of construction, and shifts in the business environment.