Samsung will expand its Korean plant to increase its V-NAND flash memory supply capacity

Samsung has announced plans to expand the capacity of its factory in Pyeongtaek, South Korea, to meet the demand for NAND flash memory in the global data center and mobile phone markets.

At present, the plan has been implemented. It is expected that the newly built factory will begin mass production in the second half of 2021 at the earliest. At that time, it will specialize in the production of V-NAND flash memory with a 100-layer class V-NAND flash memory that Samsung is developing.

“The new investment reaffirms our commitment to sustain undisputed leadership in memory technologies, even in uncertain times,” says Cheol Choi, executive vice president of Memory Global Sales & Marketing at Samsung Electronics, in a press release. “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.”

With the rapid development of the Internet of Things industry and the artificial intelligence industry, components such as NAND flash memory are in great demand in all walks of life, which also confirms that Samsung’s choice is correct.

Via: ZDNet