SK Hynix Plans to Double Wafer Capacity Within Five Years, Chairman Says

SK Hynix announced a plan to double its wafer production capacity. The target is set for the next five years, according to the group chairman. Expansion will involve scaling existing fabrication facilities and new investments. The strategy aims to meet rising demand for memory chips worldwide. Company leadership cited the need to strengthen supply chain resilience. The plan reflects confidence in long‑term semiconductor market growth. Implementation details will be disclosed as projects progress. Market watchers will assess the impact on global wafer supply dynamics.