The Channel logo

News

By | Brid-Aine Parnell 6th December 2011 10:58

Samsung seeks new chip factory in China

Applies for NAND production facilities for mobes and tabs

Samsung has applied to build a new flash memory chip plant in China, likely to cost around $4bn.

The Korean firm informed the country’s exchange today that it was seeking approval for a NAND plant. NAND is a type of flash memory mostly used for smartphones and tablets.

Samsung is hoping the new plant will be operational by 2013.

“[The factory] will enable us to meet fast growing demand from our customers and at the same time strengthen our overall competitiveness in the memory industry,” Jun Dong-Soo, president of Samsung’s memory business, said, according to Reuters.

Samsung is throwing a lot of investment into its chip business, particularly those for mobile devices, as the market for smartphones and tablest continues to grow.

Last month, the company said it would plough around $34bn into its business next year, with a focus on screens and chips for mobiles, cameras and fondleslabs.

As well as chips for its own line-up of phones and tablets, Samsung also supplies chips to Apple, one of its major rivals in the smartphone and tab market.

Samsung is the world’s biggest NAND flash memory maker, holding around 40 per cent of the market. ®

alert Send corrections

Opinion

Walking on water, image via Shutterstock

Chris Mellor

IDC stats reveal who's who in the backup appliance bearpit
Carry on Cleo

Gavin Clarke

Infamy, infamy, Amazon and Microsoft have all got it in for me!

Tim Anderson

Also signals stronger cross-platform tools, access to new markets

Features

Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers