Samsung breaks ground on $7 billion memory chip factory in China

The new factory will be fully operational in 2014

Samsung Electronics said on Wednesday it broke ground in China on a NAND flash memory chip factory in which it will invest a total of US$7 billion, its single largest investment in the country.

The factory will be located in Xi'an, China and will use a 10-nanometer manufacturing process to produce the NAND flash memory chips, which are often used to store data in smartphones, laptops and cameras.

The factory is slated to be fully operational in 2014, according to a Samsung statement. The company will initially invest $2.3 billion in the factory.

Samsung said the new factory will help balance its global production network, a year after it started operations at a NAND flash memory chip factory in Hwaseong, Korea.

While a major vendor of smartphones, The Korean company is also a producer of mobile components including processors and memory, with customers that include Apple. The iPhone and iPad maker however, reportedly reduced its memory chips orders from the company in order to diversify its supply lines.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Michael Kan

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?