Bank of America: South Korean Memory Chip Capacity to Expand Below 10% Annually, Missing 2030 Doubling Goal

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According to Bank of America's latest report, South Korean memory chip manufacturers will likely achieve annual capacity expansion below 10% by 2030, falling far short of President Lee Jae-myung's target of doubling capacity. The bank's analysis factors in capacity losses from factory closures due to technology upgrades and transitions to more advanced processes, with actual expansion lagging significantly behind the doubling objective.
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