Samsung to Build Flash Chip Plant in Xi'an
China Business News, 3/26/12
Samsung recently announced that it had selected Xi'an as the site of its new Mainland China flash memory plant. With an initial investment of USD 7 bln, the plant is expected to begin production in late 2013, and will have a capacity of 100,000 chips per month.
According to market research figures from Gartner, China accounted for half of global NAND memory consumption last year, with a total market value of USD 29 bln.
Editor's Note: For more background on this topic, please see "Samsung to Invest USD 4 Bln in Chinese Flash Chip Plant" MD 12/07/11 issue.
Keywords: production facility flash hardware Samsung storage production capacity
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