SK Hynix has solidified its position as the global market leader after achieving record performance in the High Bandwidth Memory (HBM) market. However, China’s leading memory chipmaker, ChangXin Memory Technologies (CXMT), is catching up at a rapid pace, potentially challenging the iconic Big Three dominance of Samsung, SK Hynix, and Micron.
Empowerment is key to sustainable and resilient development amid radical changes challenging industries worldwide, according to Morris Li, chairman of Teco Electric & Machinery.