SK Hynix insists, the memory crisis will last at least until 2030

This last year has been very good for the memory manufacturerswhich is reflected in the results presented each quarter. It is not common to talk about company profits, but SK Hynix has also left a clear message in this round of presentation of results. The company continues to reiterate that the situation with this delicate component will not improve until at least 2030.

SK Hynix records record revenue of more than €70.1 billion

If you were hoping for a break next year, it seems that the news is not good. This has been shared by one of the large memory manufacturers, whose results this last quarter have been a record. SK Hynix reports revenue of 104.6 trillion wonwhich is equivalent to more than 70.1 billion euroswith some net profits of 39.8 trillion wonsome 26.7 billion euros.

Some figures that come from the good sales of the HBM4 high bandwidth memorywhich is used in NVIDIA, AMD and Intel accelerators, as well as the sale of DRAM memory present in DDR5 modules for a multitude of computers in companies and servers.

Memory shortage could continue until 2030

But as we have mentioned, this presentation also includes a warning, shortages will continue until 2030. This is not the first time we have heard this figure, as other manufacturers have also warned about it for some time. This date is set taking into account that the company plans to increase its production to try to adapt as much as possible to demand. But they themselves have warned that this transition will take time, which is why they have cited this year as a respite from the current crisis.

SK Hynix halts Solidigm’s IPO

Even SK Hynix has decided to halt the IPO of its subsidiaryalso specialized in SSDs and data storage Solidigma. The company itself has reflected and explained that perhaps it is not the best time for an investment round to expand its production capacity.

Some words that come from second largest memory manufacturer in the worldwith a registered quota of 25% during September of this year. Perhaps users who were hoping for a respite before the end of this decade should reconsider dealing with the situation for at least 3 more years.