SK hynix Inc. (SKHY.US) was listed on Nasdaq last Friday (10th), closing at USD168.01, 12.8% above its offering price. SK hynix Inc. CEO Kwak Noh-Jung said the global memory chip industry will face the most severe supply shortage in history in 2027. Despite the company's aggressive capacity expansion, memory demand is expected to continue exceeding the company's production capacity over the next decade.
He said that from a supply perspective, next year will be the worst year in the industry's history, as customer demand continues to grow while the company's production capacity remains limited. The US, Japan and SE Asia remain candidate locations for future wafer fabrication investments, and the company will prioritize locations capable of providing sufficient land, electricity, water resources and skilled labor at competitive manufacturing costs.
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AASTOCKS Financial News
Website: www.aastocks.com
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