If you were hoping the memory chip situation would settle down soon, the latest warning from SK Group suggests that may not happen anytime soon. According to SK Group chairman Chey Tae-won, the supply crunch affecting the memory industry could continue all the way until 2030. His main point was simple: demand is rising faster than the industry can realistically expand wafer supply, and fixing that imbalance is not something that can be done in a year or two.

