Samsung to build US$8.9 billion NAND chip factory in China
Facilities planned for Xi’an to help meet rapidly growing demand
Samsung is planning a US$8.9 billion manufacturing expansion in northern China to meet rapidly growing demand for flash memory, according to Business Korea on Tuesday, citing industry sources.
A Reuters report from Monday quoted a Samsung regulatory statement, saying that no decision on the plans has been made yet:
“Samsung Electronics is considering various investment options to address the NAND flash market, including Xi’an, China, but nothing has been decided yet.”
According to the Business Korea report, Samsung already has a production line up and running in Xi-an which produces 200,000 units of 3D NAND flash chips a month. The planned facilities are expected to produce an addition 100,000 units once completed, making the plant one of Samsung’s two largest NAND production facilities.