At the first stage of the pandemic of the new coronavirus, memory manufacturers optimistically announced an increase in demand for components for laptops and servers with a drop in demand for memory for smartphones. Samsung Electronics at this difficult time decided to expand production lines for the production of solid-state memory type V-NAND.
The largest solid-state memory lines in the world are already located on the territory of the technology park in the South Korean city of Pyeongtaek. In May, the company began construction of new cases, which will be commissioned in the second half of 2021, in order to begin supplying customers with advanced V-NAND memory. For a year and a half, the Korean giant has retained the status of the world leader in the production of solid-state memory such as NAND.
The new production line will help meet the demand for solid state memory for personal computers and server systems, as well as smartphones with support for 5G networks and related devices. Samsung does not indicate the amount of necessary investments, but third-party experts say that it will exceed $ 5.7 billion. Earlier, the company announced the expansion of memory production in Chinese Xi’an, a new line will be commissioned in the first half of next year. According to the South Korean authorities, in May, revenue from the export of semiconductor products from the country grew by 7.1% year on year. The increase in demand for memory chips was accompanied by higher prices.
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