SK Group Chairman Choi Tae-won believes that the long-term trend of SK Hynix's stock price is on the rise. Choi Tae-won said at a forum hosted by the Korea Chamber of Commerce and Industry on Friday: “Demand for memory chips is growing exponentially, which is why SK Hynix and Samsung Electronics' stock prices have soared rapidly since last year.” When asked about the recent drop in SK Hynix's stock price, he said that the stock price usually rises according to market expectations and then recovers after a period of excessive increase. “I think demand for memory chips will continue, so their share price trend will increase over time,” he said.

SK Group Chairman Choi Tae-won believes that the long-term trend of SK Hynix's stock price is on the rise. Choi Tae-won said at a forum hosted by the Korea Chamber of Commerce and Industry on Friday: “Demand for memory chips is growing exponentially, which is why SK Hynix and Samsung Electronics' stock prices have soared rapidly since last year.” When asked about the recent drop in SK Hynix's stock price, he said that the stock price usually rises according to market expectations and then recovers after a period of excessive increase. “I think demand for memory chips will continue, so their share price trend will increase over time,” he said.