SK Group Chairman Chey Tae-won forecasts a significant increase in global semiconductor demand next year, with AI-related demand expected to rise by 60% to 100%. Overall semiconductor product demand is projected to grow by at least 50% to 60%. However, Chey warns of a supply-demand gap as new supply remains nearly stagnant. He highlights potential bottlenecks in material supply and facility construction, following energy and power equipment constraints. Chey notes that AI industry growth may lead to shortages in wires and related materials, with prices already rising and submarine cables in short supply. Despite substantial infrastructure investments, the AI industry is yet to achieve self-sustaining growth, but Chey remains optimistic about its future development.
SK Group Chairman Predicts 50% Surge in Semiconductor Demand Next Year
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