SK Group Chairman Chey Tae-won stated that memory semiconductor prices are at an "abnormally high level," driven by AI demand, which is causing "chipflation" for PC and smartphone manufacturers. The group is exploring building a memory chip plant in the U.S. to expand supply and mitigate rising costs for consumer products. Chey also noted that high margins could attract new players and smaller manufacturers, citing Chinese brands CXMT and YMTC gaining traction with multinational brands like Corsair, Lenovo, and Apple.
Memory prices are now confirmed as 'abnormally high' by a major supplier, driving 'chipflation' for consumer electronics and accelerating new entrants like CXMT and YMTC into the market.