United States and silver: Korea's memory capacity is expected to expand on average annually less than 10 per cent, far less than the 2030 doubling target

On 14 July, the latest report by the United States Bank noted that the market was overoptimistic about the expansional commitments of the Korean memory giants. In response to President Lee’s slogan, “Treasure of capacity by 2030” in Ming, the Bank estimates that, by 2030, the real annual rate of expansion would be below 10 per cent, and would be far less than the doubling of capacity due to the closure of old plants as a result of technological upgrading and the transition to more advanced processes。