Samsung Electronics, the smartphone giant which is also one of the world’s largest semiconductor manufacturers, is expanding its NAND flash production capacity in Pyeongtaek, Korea.
The company says the development will reinforce the company’s ability to meet demands from emerging technologies.
Construction, which began this May, will pave the way for mass production of Samsung’s cutting-edge V-NAND memory in the second half of 2021.
Cheol Choi, executive vice president of memory global sales and marketing at Samsung Electronics, says: “The new investment reaffirms our commitment to sustain undisputed leadership in memory technologies, even in uncertain times.
“We will continue to serve the market with the most optimized solutions available, while contributing to growth of the overall IT industry and the economy in general.”
In the age of the Fourth Industrial Revolution fueled by artificial intelligence, the Internet of Things and 5G expansion, the added capacity will play a major role in helping to address mid- to long-term demands for NAND flash memory.
As digital lifestyles become more prevalent, Samsung says it will continue to be “proactive in making new investments in order to seize future market opportunities”.
Samsung’s NAND flash production network extends from Hwaseong and Pyeongtaek in Korea to Xi’an, China. Established in 2015, Samsung’s Pyeongtaek Campus is a hub for next-generation memory technologies, consisting of two of the world’s largest-scale production lines.
Leveraging its significant edge in manufacturing and technology, Samsung claims it has held the leadership position in NAND flash memory for the past 18 years, with one recent innovation being the industry-first sixth-generation (1xx-layer) V-NAND introduced last July.
Through investment across its global sites, Samsung aims to maintain a robust production network that will “further cement its market leadership”.