Bank of America: SK Hynix's New Capacity in 2028 Will Be Only One-Sixth of Plan

Bank of America released a report stating that due to technological upgrades leading to the closure of old plants, South Korea's annual wafer production capacity growth rate will be less than 10%, far below the official goal of doubling by 2030. SK Hynix's new memory capacity by 2028 may only be one-sixth of the original plan. Meanwhile, the construction and equipment installation period for the large wafer fabs being built by Samsung and SK Hynix in Gwangju and Jeollanam will likely be extended to ten years.

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.