Samsung Electronics will maintain its production volume without reducing memory semiconductors such as DRAMs. This is a different strategy than the second and third largest memory semiconductor makers SK Hynix and Micron announced their plans to cut production. According to Samsung Electronics, the semiconductor market is expected to improve from the second half of the year as early as 3Q, and it has been said that it does not cut production for preemptive countermeasures.Source: www.asiae.co.kr LINK
- SK Hynix, the second-ranked maker, also announced that it will reduce its NAND flash wafer input this year by more than 10 percent from its 1Q earnings release.
- Micron has announce that it will cut DRAM and NAND flash by 5% each to resolve supply-demand imbalances and inventory problems last month.
Samsung Electronics also announced last week that it will invest 133 trillion won in memory and non-memory semiconductors by 2030 (LINK).
The investment plan is expected to help the company to reach its goal of becoming the world leader in not only memory semiconductors but also logic chips by 2030. The company also plans to create 15,000 jobs in R&D and production to bolster its technological prowess. (Source: Samsung)