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

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

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Speaking to reporters last Friday, SK Hynix Chief Executive Officer Kwak Noh-jung put forward a stark forecast: 2027 will bring the most severe memory supply crunch the industry has ever seen, and demand will keep running ahead of what his company can produce for years after that.

"We forecast that next year will be the worst year in the industry's history from the supply perspective," Kwak said. "Our customer demand continues to go up, while our capacity has limitations. We still forecast that customer demand will remain higher than our........

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