Chairman Chey Tae-won said, "There is a shortage of chips by 2030...Price Stabilization Plan Announced Soon"

*This content was translated by AI.

SK Group Chairman Chey Tae-won said SK Hynix's countermeasures regarding memory prices could be unveiled soon.

Regarding the U.S. semiconductor production base, he said that while leaving open the possibility of overseas production, he is currently focusing on Korea, where the production base is established.

Chairman Choi met with reporters at Nvidia's technology conference "GTC 2026" in San Jose on the 16th (local time) and warned of structural imbalances in the market. "It takes at least four to five years to secure wafers, the root cause of the semiconductor supply shortage," he said. "It is highly likely that the industry's overall supply shortage will continue more than 20% by 2030."

In particular, Chairman Choi was wary of the side effects of demand concentrated on certain product lines on the entire industry. "In the AI era, the combination of GPUs and HBMs is essential," he said. "However, if you focus too much on HBM, you will lack general DRAMs and affect existing industries such as smartphones and PCs," he said, stressing the need to create a balanced ecosystem. He also added that CEO Kwak No-jung will announce a plan to stabilize DRAM prices soon to prevent market confusion.

As a solution to overcome the supply chain crisis, it proposed a "super-speed war" response system centered on domestic production bases. Regarding the possibility of establishing overseas factories, Chairman Choi drew a line, saying, "Expansion of manufacturing facilities, which must be complete with electricity, water, and manpower, cannot be easily said just because you want it." Instead, he reaffirmed his domestic-oriented manufacturing strategy, emphasizing that "we are focusing on Korean production facilities that can respond much faster because the foundation is already in place."

It also seeks to strengthen its position in the global capital market. Regarding the possibility of SK Hynix's listing on the US Stock Deposit Certificate (ADR), Chairman Choi said, "We are considering listing," adding, "If it is decided, it will be able to become a more global company by expanding its exposure to global shareholders." Production efficiency is taken care of in Korea, but the stage of the capital market is a stepping stone to expand to the world.

It also expressed firm belief in its partnership with Taiwan's TSMC. Chairman Choi referred to TSMC as a "very good partner" and asserted that "it is virtually impossible to create a next-generation solution without TSMC." Subsequently, it expanded the scope of cooperation through a series of meetings with partners such as Foxconn.

Meanwhile, NVIDIA CEO Jensen Hwang and SK Hynix's booths were observed side by side at the site, showing off the strong 'AI blood alliance' between the two companies. CEO Hwang gave solid trust to next-generation products such as HBM4, SK Hynix's sixth-generation HBM, by leaving a handwritten signature of "JENSEN♡SK Hynix."

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*This content was translated by AI.