SK hynix said Thursday it sees limited risk of a repeat of past memory oversupply, citing a shared focus by customers and suppliers on improving long-term visibility for demand and supply.
In a question-and-answer session during its first-quarter earnings conference call, the company said memory demand remains solid and that it expects this year’s investment to rise sharply from last year to prepare future infrastructure and secure key equipment to meet demand.
“Specifically, construction of the Yongin cluster fab to secure mid- to long-term production capacity is moving quickly,” the company said. It added that after Phase 1, which is scheduled to be completed early next year, it plans to invest in stages to finish through Phase 6.
* This article has been translated by AI.
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