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Samsung, SK Hynix Reject Kepco’s Power Grid Prepayment Plan

Key Points

Samsung Electronics Co. and SK Hynix Inc. have rejected a proposal from Korea Electric Power Corp. that would have seen the two pay in advance for electricity in order to finance the construction of grids to power new technology clusters.

Samsung Electronics Co. and SK Hynix Inc. have rejected a proposal from Korea Electric Power Corp. that would have seen the two pay in advance for electricity in order to finance the construction of grids to power new technology clusters.
Samsung (ORG) SK Hynix Reject Kepco’s (ORG) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG) Korea Electric Power Corp. (ORG)
Originally published by Bloomberg Technology Read original →