SK Group Chairman Chey Tae-won Meets TSMC President in Taiwan to Discuss AI Semiconductor Alliance

SK Group Chairman Chey Tae-won met with TSMC Chairman C.C. Wei in Taiwan to discuss collaboration in the semiconductor sector amid the rapid growth of the artificial intelligence (AI) market. As the leading companies in memory and foundry sectors strengthen their alliance, competition for leadership in the next-generation AI ecosystem is expected to accelerate.

SK Hynix announced that Chairman Chey and Chairman Wei held discussions on the latest trends in AI technology and future collaboration on June 3. This meeting marked the first in nearly two years, reaffirming the trust built between the two companies and solidifying their strategic partnership in the AI era.

The two companies agreed to collaborate on alleviating supply chain bottlenecks that have emerged during the expansion of the AI market. With surging demand for AI servers, high-bandwidth memory (HBM) and advanced packaging capabilities have become crucial factors for the growth of the global AI industry, highlighting the importance of their cooperation.

Currently, SK Hynix holds a competitive position in the HBM sector, leading the AI memory market, while TSMC plays a key role in the global AI semiconductor ecosystem based on its advanced process and packaging technologies. Their technological collaboration is expected to play a significant role in addressing the supply shortage of AI semiconductors.

During the meeting, the development of next-generation HBM and advanced packaging technology collaboration were also key agenda items. As competition intensifies for AI semiconductor performance, the importance of packaging technology that efficiently connects memory and logic semiconductors is growing, prompting both companies to expand their related cooperation to enhance market responsiveness.

Looking ahead, the two companies plan to accelerate their efforts to target the 'custom AI memory' market tailored to the demands of global tech giants. As AI services diversify, the demand for customized semiconductors reflecting specific performance and power efficiency requirements is expected to rise.

SK Hynix aims to leverage its collaboration with TSMC to timely supply high-performance AI memory and further strengthen its leadership in the global AI market.