Samsung building NAND factory in China to feed growing smartphone market

Samsung building NAND factory in China to feed growing smartphone market
Samsung announced it plans to build its first NAND chip plant in China next year, pending regulatory approval. Samsung already makes 40% of the world’s supply of NAND memory, the solid-state memory found inside smartphones and other devices. The plant will cost between $3.5 and $5 billion dollars and is expected to come online in 2013.

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

FEATURED VIDEO

9 Comments

1. hepresearch unregistered

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

Posts: 13; Member since: Dec 03, 2011

Conclusion: Buy products from American origin companies; atleast that will bring some money back to the USA.

9. hepresearch unregistered

That leaves Motorola and RIM, pretty much... and RIM is debatable.

2. Joker

Posts: 24; Member since: Dec 07, 2011

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

Posts: 13; Member since: Dec 03, 2011

Conclusion: Buy products from American origin companies; atleast that will bring some money back to the USA.

3. som

Posts: 768; Member since: Nov 10, 2009

Where is Apple factory?? Assembled in China

4. Bluesky02

Posts: 1439; Member since: Dec 05, 2011

Foxconn

5. ZEUS.the.thunder.god unregistered

lol on all of the above

6. galaxyisking

Posts: 63; Member since: Nov 18, 2011

as long as samy offers better working conditions than apple......

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.