Friday, September 1, 2017

Samsung to Invest $7 Billion in China Fab

Reuters reports: Samsung Electronics Co Ltd expects to invest $7 billion over the next three years to expand its NAND memory chip production in China’s northwestern city of Xi‘an, the South Korean tech giant said on Monday. In a regulatory filing Samsung said it approved $2.3 billion of the expected investment of $7 billion on Monday.In early July, when Samsung announced an investment of $18.6 billion in South Korea, it said it would add a production line at its NAND plant in Xi‘an, but did not set an investment amount.

Reuters LINK

Samsung current Xian F1x1 fab for VNAND production having a 100,000 wafers starts per month capacity (picture from

No comments:

Post a Comment