But given that we still have capacity constraints on memory, how quickly is extra capacity coming on? If you look over the next year or so, can we build new factories to fill the demand, or do you expect this to last two, three years, um, uh, before really meaningful capacity comes on stream?

You know, the, the fulfillment ratio of DRAM industry is 50 to 60%, which means, uh, you can only get 50 to 60% of what you order.

And there will be new Factory coming online from second quarter of next year, about three of them from each player, but that still doesn't fill the, uh, shortage situation.

And building new factory on top of that will takes another three to five years-

And so, um, how is it that essentially the AI hardware boom, which is very specific, uh, memory chips that, that go into these applications, is actually putting upward prices across all types of memory chips, including for consumer electronics?

Yes, it is true that the demand from consumer electronic side has been shrinking.

Also that side, the consumer product side, has been covered by Chinese players more and more.

But the mainstream demand of, uh, DRAM now is more from industrial side, including AI.

Have you ever anticipated, have you ever thought such a boom could be possible that we see in Korea right now? Uh, have you ever seen that in, in your career, this demand for Korean semiconductors, this relentless boom that we're seeing?

seeing?I mean, to be honest, this is something that I never expected.

Uh, before my career, it, it was similar thing happened in 1990 to 1995 when we first adopted PC in the office.

But I, I didn't experience it as a analyst, but, uh, that was what I saw from my statistic that DRAM industry grow six time in 1995 compared to 1990 when we see first PC in the office.

And so, um, how is it that essentially the AI hardware boom, which is very specific, uh, memory chips that, that go into these applications, is actually putting upward prices across all types of memory chips, including for consumer electronics?

Yes, it is true that the demand from consumer electronic side has been shrinking.

Also that side, the consumer product side, has been covered by Chinese players more and more.

But the mainstream demand of, uh, DRAM now is more from industrial side, including AI.