Samsung expands its factory in Austin, and is ramping up production of NAND memory
Samsung in preparation for the «fourth industrial revolution» (as stated at source) has invested about $ 1 billion in its facilities in Austin (TX).
Factory in this city engaged in the production of modern single-chip systems for various electronic devices.
Additional investments should help to increase production capacity that will be needed in view of the constantly growing demand for such products. Since the launch of the plant in Austin, Samsung has invested $ 16 billion.
In addition, Samsung is ramping up production of NAND flash memory. So, in the coming days will start a new factory in Pentane. In sum, Samsung intends by year end to increase the share memory V-NAND in total production to 50%.