[Korea Electric Power to Collect 25 Trillion Won in Advance Electricity Payments from Samsung and SK Hynix to Fund Semiconductor Power Grid Construction] According to Deep Tide TechFlow, on September 3, South Korea's state-owned utility company Korea Electric Power is in discussions with Samsung Electronics and SK Hynix regarding a multi-billion-dollar advance electricity payment plan to raise funds for building the power grid required for a new semiconductor industry cluster. Under the current proposal, Samsung Electronics would prepay 20 trillion won, and SK Hynix would prepay 5 trillion won, totaling 25 trillion won, roughly equivalent to five years of future electricity bills. In a statement, Korea Electric Power said: 'The large-scale advance electricity payment system is a mechanism that meets the mutual needs of companies urgently requiring power grid expansion and Korea Electric Power, which needs investment funds. Specific details, including the prepayment amount and coverage period, have not yet been finalized.' (Jin10)