\tSamsung strengthened its commitment to chip production in China, as it expects growth in 5G devices and networks to spur demand for flash memory.<\/p>\n
The company plans to invest an additional $8 billion to expand output of NAND memory chips, Reuters said, citing Chinese media reports.<\/p>\n
Samsung is the largest maker of memory chips, accounting for about 40 per cent of global revenue.<\/p>\n
The vendor announced in 2017 it would invest $7 billion to expand [1] its memory chip production in the Chinese city of Xi\u2019an in Shaanxi province: at the time it said it would look to build a second production line in the city, adding to a facility established in 2014.<\/p>\n
Samsung’s expansion comes at a time when China’s government is keen to boost domestic output of component to reduce reliance on imports.<\/p>\n
However, the vendor in October halted smartphone manufacture [2] in China, shifting production to countries including India and Vietnam in a bid to boost efficiency.<\/p>\n[1] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/samsung-to-expand-memory-chip-output-in-china\/
\n[2] https:\/\/www.mobileworldlive.com\/devices\/news-devices\/samsung-abandons-mobile-production-in-china\/<\/p>\n","protected":false},"excerpt":{"rendered":"
Samsung strengthened its commitment to chip production in China, as it expects growth in 5G …<\/p>\n
The post Samsung raises China chip commitment<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n