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Quartz·1 min read·easy

SK Hynix's CEO warned the memory chip shortage will get worse before it gets better

Cris Tolomia
AI Summary

SK Hynix CEO Kwak Noh-jung has warned that the global memory chip shortage is expected to persist well beyond 2030. The company anticipates that customer demand will continue to outpace its production capacity for the foreseeable future.

CEO Kwak Noh-jung says customer demand will outstrip the company's production capacity well beyond 2030

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