At a groundbreaking ceremony Wednesday at the plant, Kim Ki-nam, president and CEO of Samsung Electronics' device solutions division, said the company will deliver top-notch semiconductor products to customers.
The new investment is seen as an effort to show Samsung's commitment to China as well as nip any anti-Samsung sentiment there in the bud amid rising protectionism worldwide. The Xi'an fab opened in 2014.
Samsung pumps $7 billion in China to double local NAND production capacity
Posted on Wednesday, Mar 28 2018 @ 22:15 CEST by Thomas De Maesschalck