KK HERCULES CEO: THE MEMORY CHIP SHORTAGE MAY CONTINUE BEYOND 2030

ON 11 JULY, THE CHIEF EXECUTIVE OFFICER OF SK HERCULES, GUOLU, INDICATED THAT THE SHORTAGE OF MEMORY CHIPS CURRENTLY PLAGUING THE COMPUTER, CAR AND EQUIPMENT MARKETS WAS LIKELY TO CONTINUE BEYOND 2030. GUERO IS SAYING THAT CLIENTS ARE SIGNING LONG-TERM CONTRACTS BECAUSE THEY “THINK THAT THE SHORTFALL WILL LAST LONGER”. THE COMPANY AND ITS ASSOCIATES — SAMSUNG ELECTRONICS AND LIGHT TECHNOLOGY — HAVE BECOME THE MAIN BENEFICIARIES OF ARTIFICIAL INTELLIGENCE. LARGE-SCALE EXPENDITURES BY DATA CENTRE OPERATORS HAVE CONTRIBUTED TO THE DEMAND FOR TRADITIONAL MEMORY AND A NEW TYPE OF HIGH BANDWIDTH MEMORY. THIS ACQUISITION MADE IT MORE DIFFICULT TO MEET THE WIDESPREAD DEMAND FOR THE STORAGE OF CHIPS, RESULTING IN SHORTAGES IN AREAS SUCH AS COMPUTERS, MOBILE PHONES AND CARS. ACCORDING TO GOLU, THE ANALYSIS OF SK HERCULES INDICATES THAT THIS SHORTFALL MAY CONTINUE INTO THE NEXT DECADE. CLIENT SIGNALS ALSO INDICATE THAT IT IS EXPECTED THAT SUFFICIENT MEMORY CHIPS WILL NOT BE AVAILABLE FOR SOME TIME TO COME。