SEOUL, Jan. 12 (Korea Bizwire) — The prolonged lockdown in the Chinese city of Xi’an will have minimal impact on the performance of Samsung Electronics Co., which has a chip fabrication complex there, analysts said Wednesday. Samsung, the world’s largest memory chip maker, temporarily adjusted operations at its NAND flash chips manufacturing base in the [...]
SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co. will invest an additional US$8 billion into its memory chip plant in Xian, China, officials confirmed Thursday, as the South Korean tech giant further expands its presence in the world’s second largest economy. According to Chinese media and Xian’s municipal government, Kang Bong-yong, a Samsung Electronics [...]
SEOUL, March 28 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has started construction on a second production line at its factory in Xian, China, to meet rising demand for its 3D V-NAND products. The construction comes after Samsung clinched an agreement with the regional government in China in August 2017 and involves investing [...]
XI’AN, China, Apr. 28 (Korea Bizwire) — Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced the grand opening of a service center in Xi’an, China. Situated in central China, in the Xi’an high-tech district, the bonded facility for service and repair operations expands the company’s global footprint to support semiconductor manufacturing growth in China. The new [...]
SEOUL, Oct. 22 (Korea Bizwire) — Samsung SDI Co., the battery-making unit of South Korea’s top conglomerate Samsung Group, said Thursday it has started running its first electric-vehicle (EV) battery production line in China, as it seeks to tap deeper into what could be the world’s biggest EV market. Samsung SDI held a dedication ceremony [...]
SEOUL, Dec. 29 (Korea Bizwire) – Korean consulates in China are issuing a record number of Korean visas for Chinese travelers thanks to the Korean wave in China. According to the Korean Consulate General in Shanghai, it issued 60 percent more visas compared to last year, surpassing the 800,000 mark for the first time for [...]
SEOUL, Aug. 20 (Korea Bizwire) – Samsung is spurring to the expansion of its business sector of batteries for electronic vehicles as a new cash cow for the group, amid the ailing group chairperson Lee Kun-hee and the falling sales of its smartphones. Vice Chairperson Lee Jae-yong of Samsung is known to pay particular attention in the sector [...]
SEOUL, May 9 (Korea Bizwire) – Samsung Electronics is eyeing China for its semiconductor production and display panel supplies in searching of low cost advantage. On May 9, the world’s No. 1 memory chip maker announced that it began full-scale semiconductor manufacturing operations in China’s Xi’an fab. The new facility will manufacture Samsung’s advanced NAND [...]