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SK Hynix CEO Kwak Noh-jung says that 2027 will be the "worst year" for the ongoing memory shortage in comments shared with Reuters . The remark comes on the heels of SK Hynix successfully marking the largest-ever IPO for a foreign company on the U.S. stock market, raising $26.5 billion. Although Kwak points to next year being the worst for RAM shortages, the executive expects the memory crunch to last until 2030.
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"We forecast that next year will be the worst year in the industry's history from the supply perspective," Kwan told Reuters. "We still forecast that customer demand will remain higher than our supply capacity even beyond 2030. But we are doing our best to solve the problem."
In March, SK Group chairman Chey Tae-won also suggested shortages would last until 2030, and the company has previously pointed to 2027 as a key shortage point , alongside Samsung.…