[Conference Call] SK hynix: "Limited Risk of Oversupply from Mid-to-Long-Term Investment Expansion Plans"
At the earnings conference call for the second quarter of this year held on July 29, SK hynix stated, “We are establishing a mid-to-long-term capacity strategy based on the structural growth in memory demand driven by artificial intelligence (AI) trends, as well as discussions about mid-to-long-term demand with our major customers.” The company added, “The stronger intent from customers to establish long-term agreements (LTAs) and partnerships with suppliers is further evidence that increasing memory demand in the AI ecosystem will persist.”
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The company continued, “Actual equipment investments and production ramp-ups will be carried out in phases, taking into consideration the visibility of customer demand and investment efficiency,” emphasizing, “Given that our capacity expansion is flexibly based on confirmed demand, there is only a limited possibility that our mid-to-long-term investment expansion plans will immediately lead to oversupply.”
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