SK Group Chairman Chey Tae-won described current semiconductor memory prices as abnormally high. Chey warned that these costs strain PC and smartphone manufacturers. While the AI sector currently absorbs these expenses, rising component costs could trigger chipflation for consumer products.
Chey advocated for increasing supply to stabilize and lower market prices. He argued that prioritizing long-term market health is necessary even if it reduces short-term profit margins. Sustained high prices risk shrinking global demand and attracting new market competitors.
SK Hynix is reportedly considering a new semiconductor plant in the U.S. to increase production capacity. This expansion aims to address supply constraints and stabilize the semiconductor market.