Tuesday, December 6, 2011

Samsung Setting Up New Semiconductor Plant in China

Samsung has been planning on transferring its manufacturing operation to overseas for some time. More manufacturing job loss for Korea.

From Yonhap:

Samsung Electronics Co., the world's second-largest maker of memory chips, said Tuesday it is seeking to build a new production line in China to manufacture flash memory chips in response to rising demand for mobile devices.

The company applied for a permit from the South Korean government to build its second overseas production line for producing NAND flash devices based on the 20-nanometer class process technology, it said in a statement. If authorization is given and construction begins on schedule, production at the factory will begin in 2013.


http://english.yonhapnews.co.kr/news/2011/12/06/0200000000AEN20111206006600320.HTML

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