SK Hynix Chairman: Price Rises Too Fast, I Apologize

SK Hynix Chairman Choi Tae-won stated that current demand for memory chips is growing "explosively," with customers requesting supply volumes nearly double their original needs, but supply is completely unable to keep up. He frankly admitted, "Prices have risen too fast, and I am truly sorry about that." He predicted that next year will be the year with the largest supply gap, and noted that memory demand in the AI era is growing exponentially, with capacity doubling over the next five years still insufficient to meet it. The memory chip shortage is spreading from the industrial sector to consumer end-markets, potentially triggering "chip inflation."