Manufacturing News from the Engineered Designer Perspective

Samsung will invest $7 Billion for NAND flash-memory manufacturing in China

Over three years, Samsung Electronics Co. — who are themselves the world’s largest maker of memory chips —  will invest $7 Billion on the production of flash memory in China. Samsung already has memory and cards made in China.

 

Samsung NAND memory. Samsung has committed to $7 Billion in production for China. Nand memory is used mostly in smart phones. NOTE: The memory to produced will not be as shown above.

 

The new commitment will fulfil a rapidly growing demand for NAND flash memory — specifically used in smart phones and connected evices (such as smart refrigerators). Samsung had previously announced an investment of $18.6 Billion in South Korea.

 

 

Samsung produces 38.3 percent of global NAND flash memory chips (as of data April to June 2017 from IHS.) It is memory chip dominance that gave Samsung a record second quarter 2017, and Samsung expects the trend to continue in the third quarter, July – September numbers. Samsung’s command of the market is approximately double rival Toshiba Corp — who developed the technology behind NAND (according to Bloomberg from IDC).

More Great Stories
Samsung will invest $7 Billion for NAND flash-memory manufacturing in China
Over three years, Samsung Electronics Co. — who are themselves the world's largest maker of memory [more]
Real-time oil leak tracking with PAH sensor from Norwegian Geotechnical Institute can precisely measure hydrocarbons in water around oil wells
Globally, there are 496 offshore oil and gas rigs in operation.[1] The big oil spill is an obvious [more]
Fully solar powered vehicle: an RV that runs without fuel or charging stations?
Dethleff's brilliant new RV may be electric, but it doesn't need to be plugged in. It fuels up enti [more]
China to totally ban gas and diesel in new car market; with interim targets of 20% electric or hybrid by 2025
In a move that will impact the automotive market, China announced plans to entirely ban the producti [more]
Thunder Child, the unsinkable boat? Self-righting, wavepiercing interceptor engineered to be the perfect boat for offshore patrol
There's something awe-inspiring about seeing the Thunder Child interceptor patrol boat break through [more]
Robots save lives: robot fire-fighters take on explosive situations. SAFFiR shows how they can be ultimately be autonomous.
Elon Musk may be leading the call to ban killer robots, but there are definitely life-endangering si [more]
One sweet ride: a biodegradable auto made of sugar beets and flax — but what about mice?
Gifted students from Eindhoven University of Technology in the Netherlands, developed Lina, a car wi [more]
As the Tesla Model 3 enters production, oil companies revise estimates of EVs on the road upwards to 530 million by 2040
Tesla's runaway success with the relatively economical Model 3, just entering production, together w [more]
World’s largest twin engine Airbus A350-1000 passes extreme weather tests for hot weather above 40 degrees celsius
The largest twin engine Airbus, the A350-1000, successfully passed the high-temperature tests in Jul [more]
Natural Resource GDP increased 0.4%, led by Energy subsector at 0.7% — Statscan
Real natural resource gross domestic product (GDP), or the volume of economic activity attributable [more]
New oil extraction methods such as swept acoustic wave promise to increase yield
Typically, companies only manage to extract a third of the oil from a given field using current tech [more]
Automotive and chemical manufacturing pull up overall Canadian manufacturing sales to higher level than projected
Overall monthly manufacturing sales are up again, for the third month in a row, rising 1.1 percent t [more]
Forest vertical cities in China: first forest city under construction covered in 1 million plants; produce 900 tons oxygen daily
Architect Stefano Boeri sees green — not necessarily money — but green air cities in China's fut [more]
$26 Trillion needed over 13 years to power infrastructure for world’s fastest growing economies
Putting aside issues such as carbon footprint, food, economic fundamentals, infrastructure developme [more]

Other Popular News and Stories

  • Bombardier nearly ready to flight test CSeries
  • RV industry has growing role in Canada's economy: study
  • Canadian business, except energy, had profitable Q4: Statistics Canada
  • Pratt & Whitney Canada announces helicopter engine contracts
  • Canada keeping up pressure on US for Keystone XL approval
  • DART Aerospace re-branding itself to reach wider markets
  • Bombardier holds update on CSeries aircraft
  • Japex to buy into west coast LNG development
  • Clean energy expected to surge as pv costs drop
  • Skilled labour shortage in world oil industry: report
  • Manufacturing the sole industry showing job losses in February
  • FTG Aerospace to supply avionics to Rockwell Collins
  • Volkswagen to produce super-efficient hybrid
  • Economy managed slight growth in Q4, but shrank in December
  • SPPCA's new landing gear facility opening in Mississauga
  • BC refinery close to financing deal
  • Canadian oil production up; producers turning to railways for shipment
  • GM investing $250 million at Ingersoll plant
  • Russian leasing company orders 42 CSeries jets from Bombardier
  • Miners struggling with higher costs, lower prices