Samsung builds 10nm NAND flash chips plant in China

Samsung builds 10nm NAND flash chips plant in China.

[newsimage][/newsimage]Korean technology giant Samsung has annouced that it will start building a NAND memory production plant in the city of Xian, western China.

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This is a plant that will be in service a good 10 years+ it’s unlikely that chip process will go below 10nm for the foreseeable future. Hopefully this will drive innovation of multi-terabyte flash chips, effectively killing the hard drive industry-- which makes you wonder, if Samsung was ready to plunk down 7B on a chip factory… why can’t the NEWLY CONSOLIDATED HDD industry plunk down 5B on HAMR technology?
Are they already predicting defeat on the innovation & cost fronts?