Samsung is considering the possibility of expanding semiconductor production in China

30 May 2017, 08:26 | Technologies
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Samsung Electronics today announced that it is considering expanding the production of memory chips located in China. The intentions of the South Korean manufacturer are dictated by the growing demand for this product.

Details on planned expansion. According to the representative of the company, until the amount of investment is determined, or what kind of products will be produced at new capacities.

The mentioned enterprise, located in Xi'an, produces flash memory 3D V-NAND. It was put into operation in May 2014. The project cost Samsung $ 7 billion.

According to unofficial data, Samsung has already negotiated with the Chinese side to expand the company. Construction can begin this year.




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