SK Chairman warns of 2027 memory shortage, ties expansion to long-term orders

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SK Chairman warns of 2027 memory shortage, ties expansion to long-term orders

SK Group Chairman Tae-Won Chey said in a recent interview with CNBC that memory demand is surging explosively and that the most severe "memory shortage" will hit in 2027. He also apologized to the market for the pace of memory chip price increases, saying the rapid rise is fueling chip inflation across the industry.

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