SK Hynix speeds up new chip fab opening to meet memory demand, executive says
SEOUL/SAN FRANCISCO: SK Hynix plans to accelerate the opening of a new factory by three months and will also begin operating another new plant in February, a senior executive said, as surging memory demand pressures global supply.
The South Korean chipmaker’s decision comes as a global memory chip shortage has driven up prices of consumer gadgets like phones and PCs and slowed the construction of data centers needed to power artificial intelligence.
