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[moniya12]

Industry observers have dismissed media reports that some industry players, including those in South Korea, have been influenced by China's "radical move" into the industry, which could further lead to a global equipment shortage.

ET News quoted SK Hynix as saying it would increase part of its investment next year in the second half of this year due to the long equipment supply period and concerns over supply and demand imbalance.

However, an industry source told the Global Times on Wednesday that "such a comment does not mean SK Hynix is ​​having difficulty purchasing semiconductor equipment."

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"The fact is that SK Hynix is ​​carrying out accelerated capital expenditure to install equipment for newly established new production facilities. This means that such capital expenditure was generally based on our original plan," the source said.

“Given the current market conditions, where demand for albania telegram database equipment is growing globally, such accelerated capital expenditures are actually quite common among major industry players,” the source said.

Analysts also note that China is a major manufacturing base, so to address the shortage, there is usually an increase in purchases of chip-based devices.

China's integrated circuit (IC) production hit a one-month high in May, official data showed, as the country scrambled to produce chips amid a severe global shortage.

China's production of integrated circuits rose 37.6 percent in May from a year earlier to 29.9 billion units, according to the National Bureau of Statistics.

The news item “Is China really “hoarding” American chip equipment amid a global shortage?” was prepared by the PRC.TODAY Portal based on materials from the Global Times news agency.

[yadaysrdone]

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