SK Hynix: Plans to Double Memory Production Capacity in Five Years, Shortages to Continue Until 2030
```
SK Hynix announced a large-scale expansion plan, aiming to double wafer production capacity in the next five years to address the continued shortage of memory chips caused by global artificial intelligence infrastructure build-out.
SK Group Chairman Chey Tae-won told reporters at the Computex conference in Taipei on Tuesday that the