{"id":752,"date":"2026-06-02T07:39:21","date_gmt":"2026-06-02T07:39:21","guid":{"rendered":"https:\/\/reliablemovingcrews.com\/?p=752"},"modified":"2026-06-02T07:39:21","modified_gmt":"2026-06-02T07:39:21","slug":"sk-hynix-plans-to-double-wafer-capacity-in-next-five-years-group-chairman-says","status":"publish","type":"post","link":"https:\/\/reliablemovingcrews.com\/?p=752","title":{"rendered":"SK Hynix plans to double wafer capacity in next five years, group chairman says"},"content":{"rendered":"<div>\n<div>TAIPEI, June 2 (Reuters) &#8211; The chairman of South Korea&#8217;s SK Group said on Tuesday its \u200bmemory chip unit SK Hynix (000660.KS)<svg><\/svg><span>, opens new tab<\/span> aims to double \u200cwafer capacity over the next five years.<\/div>\n<div>Chey Tae-won was speaking at the Computex conference in Taipei, where executives from some of \u200bthe world&#8217;s top technology companies, including Nvidia (NVDA.O)<svg><\/svg><span>, opens new tab<\/span>, are \u200bgathering.<\/div>\n<div>Chey, who warned in March that a global chip \u2060wafer shortage was likely to persist until 2030, also \u200bsaid the company needs more partnerships in Taiwan, not \u200bjust with TSMC (2330.TW)<svg><\/svg><span>, opens new tab<\/span>, the world&#8217;s largest contract chipmaker.<\/div>\n<div>He added that he hopes his company can be a major high-bandwidth memory (HBM) supplier for \u200bNvidia&#8217;s Vera Rubin system.<\/div>\n<div>Last week, SK Hynix topped $1 trillion \u200bin market value for the first time, joining rivals Samsung Electronics (005930.KS)<svg><\/svg><span>, opens new tab<\/span> and Micron \u200cTechnology (MU.O)<svg><\/svg><span>, opens new tab<\/span> \u2060in reaching the milestone on an AI-driven rally.<\/div>\n<div>SK Hynix, Nvidia&#8217;s leading supplier of HBM chips, held a 58% share in the global HBM market in the first quarter, \u200bfollowed by \u200bSamsung and Micron, \u2060each with a 21% share, according to Counterpoint Research.<\/div>\n<div>Chey&#8217;s comments come as some analysts \u200bsay the AI boom is reshaping the \u200btraditionally \u2060cyclical memory industry.<\/div>\n<div>Goldman Sachs raised its 2028 operating profit forecasts for SK Hynix and Samsung Electronics by 24% and \u206023.3%, respectively, \u200bto 454 trillion won ($299.62 billion) \u200band 610 trillion won, citing sustained AI-driven demand.<\/div>\n<\/div>\n<p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=750\">From hiking to hotpot, lonely consumers in China fuel a $7.4 billion companionship economy<\/a><\/p>\n<p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=747\">AI frenzy stokes inflation heat too<\/a><\/p>\n<p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=744\">Startups shore up Ukraine\u2019s defences with sea drone swarms and robot trucks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The chairman of South Korea&#8217;s SK Group said on Tuesday its \u200bmemory chip unit SK Hynix aims to double \u200cwafer capacity over the next five years.<\/p>\n","protected":false},"author":1,"featured_media":751,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4],"class_list":["post-752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asia-pacific"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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