SK Hynix says memory shortages will persist through 2030
Briefing by News4U · First published
SK Hynix told investors AI-driven demand will keep memory supply short through 2030, while CFO Kim Woo-hyun said PC and smartphone shipments are expected to fall as rising memory prices bite, The Register reported.
In remarks with its quarterly results, SK Hynix said a “virtuous cycle” of AI adoption is lifting memory demand from enterprises and countries building sovereign AI infrastructure, The Register reported. [1]
The company said supply “is not keeping pace with the growth of the market” and, citing process difficulty and long factory lead times, expects demand to exceed supply through 2030. [1]
CFO Kim Woo-hyun said “shipment volumes for PCs and mobile devices are expected to decrease due to cost burdens from rising memory prices and supply shortages.” Quarterly revenue was ₩104.6 trillion ($78.1 billion) and operating profit ₩87.68 trillion ($62.8 billion). [1]
Sources
- SK Hynix says memory shortages to persist until 2030
The Register · · Excerpt