Samsung cutting NAND flash production amid Xi’an lockdown

Samsung cutting NAND flash production amid Xi’an lockdown

Business news |
By Peter Clarke

As a result the company is having to “adjust” manufacturing output, the market research firm said. This could in turn have an impact on the price of NAND flash memory which had previously been declining.

TrendForce said that most suppliers have now stopped giving price quotes for NAND Flash products after Samsung released an official statement on the Xi’an matter.

Samsung operates two memory fabs in Xi’an, both of which make 3D NAND flash components. The two fave account for 42.5 percent of Samsung’s total NAND flash production capacity and about 15 percent of the global output.

It is reported that the Chinese authorities have closed down the city transportation system to encourage people to stay at home.

Related links and articles:

News articles:

Chip crisis will persist, experts agree

Intel starts sale of memory business to SK Hynix

Canadian coalition lobbies for strategic semiconductor support

Less is more: the challenge of 3D-NAND memory

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles