Samsung building NAND factory in China to feed growing smartphone market
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Samsung officials cited the rapidly increasing smartphone market in China as a driving reason to create more production capability there. China has experience rapid growth in the mobile market, recently surpassing the United States to become the largest market for smartphones and mobile devices.
It’s thought that Samsung is positioning itself to be able to produce more of its own phones for Chinese consumers, while also expanding the number of chips it can offer to Chinese phone makers such as ZTE and Huawei. ZTE recently announced its desire to shift its emphasis to higher-margin premium smartphones.
Samsung is also building a $3 billion dollar flat panel display factory in China, so they are well positioned to remain a top supplier of electronics to Chinese consumers and OEMs alike in the coming years.
source: Financial Times via electronista
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9 Comments
1. hepresearch (unregistered) posted on 07 Dec 2011, 10:31 4 0
Just about everything is made in China these days... why not add to the list? Some day, China will produce everything we buy... including all of our vehicles, cell phones, computers, software, defense technology (ooops... did I just say that?)...
7. Today posted on 09 Dec 2011, 08:24 1 0
Conclusion: Buy products from American origin companies; atleast that will bring some money back to the USA.
9. hepresearch (unregistered) posted on 09 Dec 2011, 11:14 0 0
That leaves Motorola and RIM, pretty much... and RIM is debatable.
2. Joker posted on 07 Dec 2011, 11:06 6 0
Wife: Honey, ley's make a baby.
Husband: OK... on second thought, why don't we let the Chinese make one for us?
Wife: ?!?!?
Husband: If you think about it, we'll save fortune on the hospital bills
8. Today posted on 09 Dec 2011, 08:24 1 0
Conclusion: Buy products from American origin companies; atleast that will bring some money back to the USA.
6. galaxyisking posted on 07 Dec 2011, 16:33 1 0
as long as samy offers better working conditions than apple......
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