Samsung to double NAND production in China, Toshiba invests $1 billion in 3D NAND Fab


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Originally published at: https://www.myce.com/news/samsung-to-double-nand-production-in-china-toshiba-invests-1-billion-in-3d-nand-fab-84015/

Samsung plans to double the production capacity of NAND flash memory in China. To achieve that, the South Korean electronics giant will invest $7 billion in the next three years. The investment will be used to build a second production line in the Chinese city of Xi’an.