South Korean media: South Korea’s leading position in the memory sector will continue until 2031.
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According to South Korean media reports, a forecast indicates that South Korea will retain its leading position in the global memory chip market through 2031, driven by heavy investments from firms including Samsung Electronics and SK Hynix. However, demand for High Bandwidth Memory (HBM) is projected to expand rapidly beyond Nvidia’s graphics processing units (GPUs) to artificial intelligence (AI) accelerators developed in-house by major tech firms like Google. Josephine Lu, an industry analyst at French market research firm Yole Group, stated at the 2026 Future Memory & Storage Conference held in California on the 4th local time that South Korea will maintain its leadership in the memory sector through 2031. Lu noted that South Korea plans to double its wafer production capacity over the next five years, with Samsung Electronics and SK Hynix also ramping up their investments. Analysts point out that as Samsung Electronics and SK Hynix simultaneously expand production capacity and technological R&D for next-generation DRAM (including HBM) and NAND, South Korea’s advantage will persist. (Jin10)
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