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Samsung Electronics and SK hynix upgrade China plants for advanced memory chip production

Reuters +1 ·

SKHY SK Hynix Inc ADR
$139.79 -2.16%
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  1. 1Samsung Electronics is converting its Xi'an plant into a production facility for 286-layer V9 NAND chips.
  2. 2The company plans to reach its monthly production target of 5,000 wafers at the Samsung Xi'an plant this December.
  3. 3SK hynix is considering a transition to producing NAND products with more than 240 layers at its Dalian facility.

So what's the key point?

Samsung Electronics and SK hynix are preparing to manufacture higher-performance memory chips at their plants in China. With this facility upgrade, Samsung Electronics aims to produce 5,000 wafers per month by December.

Source Reuters +1 · View original ↗

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