DEAL Galaxy S24 FE, Galaxy Watch 7. Subscribe today and be the first to learn about One 7 beta!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung expected to raise capital spending to expand production lines for NAND memory chips

General
By 

Last updated: August 9th, 2016 at 07:27 UTC+02:00

It was revealed last month that Samsung's NAND flash memory sales had hit an all-time high during the January-March period, and it's now looking like the firm is hoping to encourage this number to grow throughout the remaining half of the year in order to widen the gap between itself and its competition.

Market researcher IC Insights believes that the Samsung will raise capital spending by an eye-watering 120 percent, which roughly equates to $7.5 billion. This money is expected to be invested into new facilities to expand production lines for vertical NAND memory chips and non-memory chips for smartphone applications.

To prevent itself from dipping into profits, Samsung will need to cut capital spending for another of its industries, and IC Insights predicts this will be its declining semiconductor business. It anticipates that funding will be reduced by as much as 15 percent, leaving the industry bosses with around $15 million to invest in development strategies.

Source General NAND
Galaxy AI summarized

Scroll for more related content
News For You

You might also like

Samsung PM9E1 SSD enters mass production with extra anti-forgery measures

Samsung PM9E1 SSD enters mass production with extra anti-forgery measures

Samsung's bonkers PM9E1 SSD, boasting industry-leading performance, has entered mass production, the company confirmed to us today. The PM9E1 was first announced at the beginning of August but it is now being securely shipped out of Samsung's semiconductor factories. More on that later. Performance-wise, Samsung says the PM9E1 is the industry's most powerful PC SSD. […]

  • By Mihai Matei
  • 1 month ago
Samsung begins making world’s first QLC 9th Gen V-NAND storage chips

Samsung begins making world’s first QLC 9th Gen V-NAND storage chips

Samsung, the world's biggest semiconductor memory chip maker, has announced it has started the mass production of 1Tb quad-level cell (QLC) ninth-generation V-NAND chips. It is the first company in the world to start the mass production of storage chips using this new technology. Samsung starts mass production of QLC 9th Gen V-NAND chips After […]

  • By Asif Iqbal Shaik
  • 2 months ago
Samsung to unveil new industry-leading storage chips today

Samsung to unveil new industry-leading storage chips today

Samsung, the world's biggest memory chip maker, has revealed that it will unveil the world's fastest and highest-capacity storage chips today. The company will unveil its new products, aligned with the AI boom, at the Flash Memory Summit (FMS) 2024 event in the USA. Samsung's to bring new storage chips to support AI boom At […]

  • By Asif Iqbal Shaik
  • 3 months ago
Samsung plans 15-20% price hike on enterprise memory due to AI

Samsung plans 15-20% price hike on enterprise memory due to AI

AI, specifically Generative AI, is the new big thing tech companies are chasing. It seemingly defines this generation of mobile devices, computers, and services, and its increase in popularity will create ripple effects across some industries. Memory is among those segments driven in large part by AI, and Samsung Electronics may have much to win […]

  • By Mihai Matei
  • 4 months ago
Samsung preparing new products to protect its chip stacking dominance

Samsung preparing new products to protect its chip stacking dominance

Samsung is the dominant force in the NAND memory market, and the company is investing heavily in new products to protect this dominance. To that end, Samsung Electronics will reportedly start mass production of 290-layer ninth-generation verticial (V9) NAND chips later this month. This will enable the company to lead its rivals as the industry […]

  • By Adnan Farooqui
  • 7 months ago
Samsung has a plan to reap more profits this year

Samsung has a plan to reap more profits this year

2023 was a bad year for Samsung, as the demand for chips fell along with their prices. The company's cash cow reported a loss for the first time in its history. As a result, Samsung Electronics' profit was the lowest in recent years. However, things are expected to improve in the coming months, and Samsung […]

  • By Asif Iqbal Shaik
  • 8 months ago