Information Technology News.


Samsung greatly expands the production of its memory chips

Share on Twitter.

Sponsered ad: Get a Linux Enterprise server with 92 Gigs of RAM, 16 CPUs and 8 TB of storage at our liquidation sale. Only one left in stock.

Sponsered ad: Order the best SMTP service for your business. Guaranteed or your money back.

July 5, 2017

We learned today that Samsung is rapidly ramping up the production of its memory chips. The fab maker is convinced that the higher demand for chips is here for the next several years.

Samsung expects the demand will stay higher because of such developments as the Internet of Things (IoT), artificial intelligence, big data and various automotive technologies all need more DRAM memory and flash.

And the company does have a point. Samsung asserts that it will invest about US $26 billion by 2021 in its existing plant located in Pyeongtaek, South Korea.

The goal is to greatly expand its semiconductor fabrication capacity. The expanded factory is to become the single and largest in the industry, and will be making 64-layer 4th generation V-NAND flash chips.

Samsung will also invest about US $5.2 billion towards a new semiconductor fabrication line at its site in Hwaseong with the latest equipment, including Extreme Ultra Violet (EUV) technology being featured.

Additionally, Samsung could also expand its semiconductor manufacturing capacity in Xi'an, China, by adding a second manufacturing facility there as well. The existing factory is already operating at full capacity, the company has asserted.

South Korea's economy could also benefit if Samsung Displays builds a new OLED manufacturing site in Asan by next year.

There are also reports that Samsung's new investment decisions follow calls by South Korea's president for big business to invest more and create new jobs for the country. Samsung is one of the country's top 5 employers.

All together, the company could spend upwards of $32.1 billion to boost its global production facilities in South East Asia.

Source: Samsung.


Sponsered ad: Get a Linux Enterprise server with 92 Gigs of RAM, 16 CPUs and 8 TB of storage at our liquidation sale. Only one left in stock.

Sponsered ad: Order the best SMTP service for your business. Guaranteed or your money back.

Share on Twitter.

IT News Archives | Site Search | Advertise on IT Direction | Contact | Home

All logos, trade marks or service marks on this site are the property of their respective owners.

Sponsored by Sure Mail™, Avantex and
by Montreal Server Colocation.

       © IT Direction. All rights reserved.