Samsung, SK Hynix reject KEPCO prepayment proposal for 5-year electricity bills

South Korea's two largest chipmakers, Samsung Electronics and SK Hynix, have rejected state utility KEPCO's proposal to prepay five years of electricity bills. The rejection signals friction over KEPCO's financial strain and potential tariff hikes, which could impact chip production costs. The outcome is uncertain as negotiations continue, with implications for energy pricing and industrial competitiveness.