Any news on the current global memory crisis probably seems like a stuck record right now, but SK hynix reckons it has some good news for us: Its plans for constructing new chip factories have managed to shave ten years off the projected completion date. The only problem is that it's only brought it to 2034.
Talking to Nikkei Asia (via Computerbase), SK Group chairman Chey Tae-won explained that the construction of four new facilities had been originally expected to finish by 2045, but that it has now managed to bring that date closer to home, with the current target now being 2034.
However, Chey shot down any hopes you might have of it being done even sooner, saying, "There is currently no way to move faster than this."
But to counter that disappointment, he also claimed that with everything all up and running, production levels would be even better. "Since we're proceeding with the plan to expand as much as possible, our calculations show that our wafer capacity will double within five years. But honestly, once all these facilities are built, it won't just double, it will triple by around 2034".
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