SK Hynix expects HBM prices to double by 2027

```htmlGolden Ten Data reported on July 12 that on Friday evening (July 10), Eastern US time, SK Hynix CEO Kwak Noh-jung predicted that 2027 will be the most supply-constrained year in the history of the storage industry. “Now clients are flocking to SK Hynix seeking long-term supply agreements. Demand continues to grow, but our production capacity is limited. Although we are doing our utmost to expand capacity, even after 2030, client demand may still exceed the company’s supply capabilities,” he said. However, according to domestic industry investors who have interacted with Korean storage manufacturers, in addition to their own development, top executives from major overseas storage manufacturers are also paying attention to the capacity expansion progress of Chinese storage manufacturers. The two domestic giants, Changxin Memory and Yangtze Memory, may become the biggest long-term variables in the future storage market.```