SK Hynix pans to double wafer capacity in next five years, group chairman says

The chairman of South Korea’s SK Group said on Tuesday its memory chip unit SK Hynix aims to double wafer capacity over the next five years.
Chey Tae-won was speaking at the Computex conference in Taipei, where executives ‌from ⁠some of ⁠the world’s top technology companies, including Nvidia, are gathering.

Chey, who warned in March that a global chip wafer shortage was likely to persist until 2030, also said the company needs more partnerships in Taiwan, not just with TSMC, the world’s largest contract chipmaker.