South Korean financial column warns: Memory chip market may face overcapacity in 2029, South Korea has only 2 to 3 years of transition window

Odaily News — As new production capacity gradually comes online, the global memory chip market may face oversupply in 2029, and the current industry boom cycle faces the risk of reversal.

The column argues that South Korea has only about 2 to 3 years to cultivate new economic growth industries to reduce its dependence on the memory chip industry and prepare for a possible cyclical downturn in the future.