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SK Hynix CEO Warns of Worst Supply Crunch
11 Jul
Summary
- Global memory industry faces worst supply shortage in 2027.
- Demand for memory to exceed production capacity past 2030.
- SK Hynix leads in high-bandwidth memory for AI chips.
SK Hynix CEO Kwak Noh-jung has issued a stark warning, predicting that the global memory chip industry is heading towards its worst-ever supply shortage by 2027. This critical situation is expected to persist, with demand consistently exceeding the company's production capacity even beyond 2030.
Despite these projections, SK Hynix is actively expanding its manufacturing capabilities to mitigate the impending shortage. The company's CEO emphasized that customer demand continues to rise while capacity remains constrained, highlighting the persistent imbalance.
This forecast follows a significant milestone for SK Hynix, which has established itself as a crucial supplier in the artificial intelligence sector. The company has emerged as a leader in the development of high-bandwidth memory (HBM), a vital component for advanced chipsets powering AI technologies.
