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* Important: SK hynix has no plans to add any new NAND flash capacity.
=> The only players that will add new capacity are pure-play NAND manufacturers, YMTC, and Kioxia.
- This refutes the previous rumor that SK hynix would add NAND capacity at a new greenfield fab.
- The biggest beneficiary should be Kioxia, which has a greenfield site available for new capacity expansion. Kioxia’s market share is likely to increase.