Samsung to build flash memory chip line in China

Dec 06, 2011

Samsung Electronics, the world's largest memory chip maker, said Tuesday it would build a new production line in China for flash memory chips used in tablets and smartphones.

Samsung plans to start construction of the NAND flash chip plant in 2012 for operation the following year if the South Korean government approves it.

South Korean firms need government approval when they build strategic, key or sensitive factories abroad.

Jun Dong-Soo, president of memory business at Samsung's device solutions, said the new plant would help the company meet growing demand.

"This new line will enable us to meet fast-growing demand from our customers and at the same time strengthen our overall competitiveness in the memory industry," he said in a statement.

Demand is weak for DRAM () chips used in personal computers, pushing prices down and giving makers an incentive to adopt more advanced technology.

But the flash memory chip market is robust thanks to growing demand for mobile devices such as tablet computers and smartphones.

Samsung had a market share of 41.6 percent in the global DRAM market in the second quarter, according to research firm IHS iSuppli.

Its share of the world market for was also 41.6 percent in the second quarter.

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Vendicar_Decarian
1 / 5 (2) Dec 06, 2011
Why didn't they build the facility in America?

Back in the 1980's the Libertarian plan to offshore American Jobs via free market reforms held that America would compete well against emerging nations because America would keep it's edge in tech due to the amazingly intelligence of the American people.

What happened? Did Americans get dumb or something?

Or were they dumb all along for falling for the Lies told to them by Conservative Libertarians and Randites?

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