BofA: SK Hynix's 2028 New Capacity May Be Only One-Sixth of Plan

TechFlow news, July 15. On July 14 local time, Bank of America released a report stating that due to the closure of old factories caused by technology upgrades, South Korea's actual annual average wafer capacity growth rate will be lower than 10%, far short of the official target of doubling by 2030. SK Hynix's new memory capacity added by 2028 may be only one-sixth of the original plan. In addition, the construction and equipment installation cycle for new large-scale wafer factories built by Samsung and SK Hynix in Gwangju and Jeolla is feared to be extended to ten years. (Jin10)