Bank of America: SK Hynix’s 2028 new production capacity may only reach one-sixth of its planned volume.
1 hours ago
Bank of America released a report on July 14 local time, stating that due to the closure of old factories amid technological upgrades, South Korea’s annual wafer production capacity growth will actually fall below 10%, far short of the official target of doubling by 2030. SK Hynix’s new memory production capacity by 2028 may only reach one-sixth of its original plan. Additionally, the construction and equipment installation cycles of large new wafer plants being built by Samsung and SK Hynix in Gwangju and Jeolla are likely to be extended to a decade.
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