KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home China

Samsung to Inject 8.5 Trillion Won in NAND Chip Line at Pyeongtaek Fab

 1,856 total views,  1 views today

James Jung by James Jung
PUBLISHED: June 2, 2020 UPDATED: June 3, 2020
in China, Chips, DRAM, Investment, Samsung, South Korea
0
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province.
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung

Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung

On Monday, Samsung Electronics said it would inject 8.5 trillion won ($7 billion) in its advanced V-NAND flash memory chip plant at Pyeongtaek, Gyeonggi Province.

Samsung decided to construct a production line of V-NAND flash memory chip in response to a surge in demand for products using Internet-of-Things(IoT), 5G-networks, and artificial intelligence (AI). The company aimed to produce V-NAND flash chips by the second half of 2021 at its Pyongtaek factory.

The tech giant said it would build a new upscale foundry line in the Pyeongtaek plant on May 21 and a schedule to operate in the second half of 2021. The company already invested 10 trillion won for this purpose.

Samsung intends to inject another 15 trillion won ($12.3 billion) in the DRAM EUV line at the second plant in the future.

Completed in 2015, the Pyeongtaek plant became the world’s biggest semiconductor production complex. Samsung mass-produced DRAMS on the second floor and NAND on the first floor.

The company would begin rolling out DRAMs through extreme-ultraviolet lithography within the year at the second plant while pressing on the schedule next year for producing NAND.

In July of 2013, Samsung introduced its 24-layer first-generation 128-Gigabit MLC 3D V-NAND. For the past six years, the company continuously dedicated itself to transforming and updating its NAND technologies for the last six years. Last year, Samsung produced the latest sixth-generation NAND with over 100 layers in full swing.

New Digital Transition

Digital transformations already started with the use of e-commerce and cloud computing services even before the pandemic. A surge in the use of video streaming led by YouTube and Netflix use created a massive demand for auxiliary devices, including corporate flash chips.

Samsung made the investment decision in anticipation of the new digital transition caused by the COVID-19 pandemic. The disease made possible the transition of corporate and business meetings virtually to address social distancing measures. The pandemic also greatly affected the consumption behavior of people.

Samsung made sure the move is to emphasize its leading position in the memory chip market, although it deals with a challenging business setting.

Samsung operates manufacturing plants in Xi’an, China, and Hwaseong in Pyeongtaek for its NAND flash chip.

In May, Lee Jae-yong, Samsung’s Vice Chairman, visited Xian, China, to oversee the process of building a second NAND chip line there. Lee’s visit drew out hopes that Samsung would concentrate on producing advanced DRAM chips in South Korea and NAND chips in China.

“We will continue to serve the market with the most optimized solutions available.”

-Choi Cheol, Samsung’s executive vice president of memory global sales and marketing

Choi stated that the new investment reiterates its pledge to maintain its undisputed leadership in memory chip technologies.

What’s your thoughts?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
Tags: 8.5 trillion wonChipfabfoundry lineNANDproduction linePyeongtaekSamsungV-NAND

Related Posts

Samsung Electronics to expand its robot business via investments
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung
Samsung

Samsung Electronics to expand its robot business via investments

March 23, 2023
Chip bill to incentivise Korea’s chipmakers and investors
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung
Chips

Chip bill to incentivise Korea’s chipmakers and investors

March 18, 2023
KAIST develops next generation AI accelerator processing-in-memory chip
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung
Chips

KAIST develops next generation AI accelerator processing-in-memory chip

March 16, 2023
South Korea gears up to bring World Expo 2030 to Busan
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung
South Korea

South Korea gears up to bring World Expo 2030 to Busan

March 11, 2023
South Korea’s chip inventory surges to highest in 26 years
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung
Chips

South Korea’s chip inventory surges to highest in 26 years

March 6, 2023
Samsung 5G NTN Modem Technology to advance Smartphone to Satellite communications
Samsung Electronics' NAND flash memory chip production plant in Pyeongtaek, Gyeonggi Province. / photo courtesy of Samsung
5G

Samsung 5G NTN Modem Technology to advance Smartphone to Satellite communications

February 28, 2023
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • Robots to help Police Patrol in South Korea

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • South Korea plans Urban Air Mobility Air Taxi services by 2025

    0 shares
    Share 0 Tweet 0
  • SK On to introduce South Korea’s first LFP Battery Prototype

    0 shares
    Share 0 Tweet 0
  • South Korea to commercialize Quantum Cryptography Communications

    0 shares
    Share 0 Tweet 0
  • Top Eight Promising EdTech Startup Companies in South Korea

    0 shares
    Share 0 Tweet 0
  • Netmarble subsidiary Metaverse Entertainment’s K-Pop virtual girl band MAVE has a smashing online debut

    0 shares
    Share 0 Tweet 0
  • Nexon To Reorganize Amid Failing Profits

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2023 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : press@koreatechtoday.com |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2023 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : press@koreatechtoday.com |