Samsung starts to build $7bn chip plant in China

Sep 12, 2012

South Korea's Samsung Electronics said Wednesday it had started building a new $7 billion chip plant in the Chinese city of Xian—its biggest-ever investment in the country.

The plant, scheduled to come on line in 2014, will produce the advanced 10--class NAND used for devices such as smartphones and computers, the firm said in a statement on ground-breaking day.

The world's largest memory chipmaker said earlier the plant, when completed, would produce 10,000 12-inch wafers each month.

"Reinforcing the company's support for its customers worldwide, the China facility will improve Samsung's , making it easier for many of its customers to expand in the region," it said.

The world's largest technology firm that makes popular gadgets from smartphones to tablet PCs, Samsung also provides chip components to other IT firms including its industry rivals Apple and Nokia.

The firm said it had also started a programme to collaborate with researchers in Xian, home to 37 universities and 3,000 technology research centres.

Samsung leads the global market with a 37.4 percent share in the first quarter of this year, followed by Japan's Toshiba and the US firm Micron, according to research firm IHS iSuppli.

Explore further: Concerts on Yahoo make best of industry struggles

add to favorites email to friend print save as pdf

Related Stories

Seoul approves Samsung's new investment in China

Jan 04, 2012

South Korea on Wednesday approved Samsung Electronics' plan to build a new plant in China to produce high-tech memory chips used in tablets and smartphones, the Ministry of Knowledge Economy said.

Samsung starts new chip line to boost flash memory

Sep 22, 2011

Samsung Electronics, the world's largest memory chip maker, said Thursday it has begun mass production at a new line to raise production of flash memory chips used in tablets and smartphones.

Samsung to invest $4 billion in Austin plant

Aug 21, 2012

(AP) — Samsung Electronics co. will spend $4 billion renovating its plant in the U.S. to increase production of advanced chips used in smartphones and tablet computers.

Samsung Opens Largest Wafer Plant In Austin, Texas

Jun 15, 2007

Samsung Electronics announced the opening of the largest 300mm NAND flash memory wafer plant in Austin, Texas on Thursday, in ceremonies that included Texas Governor Rick Perry and Samsung Electronics Vice ...

Recommended for you

Microsoft sues Samsung alleging contract breach

2 hours ago

Microsoft on Friday sued Samsung in federal court claiming the South Korean giant had breached a contract over cross-license technology used in the fiercely competitive smartphone market.

Apple closes acquisition of Beats music

9 hours ago

Apple said Friday it closed its $3 billion deal for Beats, the high-end audio equipment and streaming music service, a tie-up that could allow the iPhone maker to reach new audiences.

User comments : 0