Thursday, December 22, 2016

SK Hynix to invest $2.7 billion on memory chip output as demand soars

According to Reuters the world´s number two memory maker from South Korea - SK Hynix Inc - said it will invest 3.16 trillion won ($2.7 billion) in its home country and China to boost memory chip production, seeking to capitalize on an industry-wide surge in demand.

 Most of the investment will be for a new Fab for 3DNAND flash chips used in non-volatile data storage in Smartphones, Tablets and Laptop Flash SSD hard drives.
The rivals Samsung and Toshiba Corp has also announced spending on new Fabs memory chip production.
REUTERS article : LINK

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