Samsung Electronics, the world's largest manufacturer of NAND flash memory, has held a groundbreaking ceremony for a major new memory fabrication line in Xi'an, China. Once completed, the new facility will make use of advanced 10nm-class technology in producing NAND flash memory chips, a critical component powering IT and mobile applications for high-speed and large-density data storage.
With the groundbreaking, the Samsung China Semiconductor complex has a target timeline for achieving full-fledged operation in 2014. Initially, Samsung is investing $2.3 billion in the Xi'an fab. Samsung China Semiconductor will mark the single largest investment by Samsung in China with a phased total investment of $7 billion. Samsung did not reveal exact manufacturing capacities of the Xi'an factory, but it is likely to be around a hundred of thousand of 300mm wafers per month.
"It is a great honor to announce our groundbreaking at Xi'an, a city of tremendous historic and academic significance, as we celebrate the 20th anniversary of diplomatic relations between Korea and China. At this time, our memory semiconductor business also marks its 20th consecutive year as the leader of the memory industry. The new Samsung China Semiconductor fab will lay a solid foundation for continued supply of leading memory components, enabling Samsung to further spearhead the advancement of the IT industry and enhanced user experiences," said Oh-hyun Kwon, vice chairman and chief executive officer of Samsung Electronics.
The capital of multiple dynasties spanning over a thousand years, Xi'an is at the center of development of advanced electronics technology as a primary location in China’s western region development. Xi’an’s industrial landscape supports all key considerations in the production of advanced IT infrastructure such as basic resources including water and power, and a solid employee base for IT research, development and manufacturing.
Xi'an is home to 37 universities and 3000 R&D centers focused on advanced IT technology. Samsung has also kicked off a program for close academic collaboration with several renown local universities, which will include scholarships to nurture skilled talent locally.