SK Hynix expects HBM prices to double by 2027

On July 12, on the evening of Friday (July 10), SK Hynix CEO KwakNoh-jung predicted to the outside world that 2027 would become the most tight supply year in the history of the storage industry. "Customers are now coming to SK Hynix to seek long-term supply agreements. Demand continues to grow, but our production capacity is limited. Although we are doing our best to expand production capacity, even after 2030, customer demand may still exceed the company's supply capabilities." he said. However, domestic industry and investment people who have had contact with South Korean storage manufacturers said that in addition to their own development, executives of major overseas storage manufacturers are currently paying attention to the expansion progress of China storage manufacturers. Domestic "two storage"(Changxin Storage and Yangtze River Storage) may become the biggest variable in the future storage market in the long term. (Securities Times)