SK Hynix CEO Kwak Noh-jung says the global memory market faces its worst-ever supply shortage in 2027, with demand expected to exceed production capacity beyond 2030. Multiple outlets report that the CEO frames the gap as starting around 2027 and persisting for years, rather than quickly easing after a short adjustment period.
The reports also place the outlook in the broader context of the industry’s planning assumptions. Quartz and other summaries describe Kwak’s view that customer demand will remain higher than SK Hynix’s supply capacity well beyond 2030. TechCentral and Slashdot add that similar comments have been made by other major memory makers, including Samsung and Micron, which have also warned that shortages are likely to extend.
Several articles link the pressure on supply to stronger-than-expected demand, including from AI-related customers and longer-term purchase commitments. In response, SK Hynix and peers prioritize higher-value memory products, while capacity expansions are planned through multi-year investment in new fabs and facilities.
