[Conference Call] SK hynix: "No Concerns Over Oversupply... Yongin Phases Up to 6 Proceeding as Planned"

On April 23, SK hynix stated during its first quarter earnings conference call that, “Currently, both our customers and memory suppliers agree on the importance of securing long-term visibility into demand and supply. Therefore, we believe concerns about oversupply, as seen in the past, are not significant at this time.” The company added, “We are accelerating the construction of the Yongin Cluster fab to secure mid- to long-term production capacity. Following the completion of Phase 1, which will be finalized early next year, we plan to invest step by step through Phase 6, and we will also continue to make essential equipment investments for advanced process migration as planned by next year.”

The company also said, “Despite actively expanding our supply, including increased investments, to meet customer demand, we expect that supply will remain insufficient for some time to satisfy structurally increasing demand. Accordingly, we are closely monitoring the demand environment based on the mid- to long-term demand visibility secured through long-term partnerships with our customers.”

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