The media reports on south Korean electronics giant, Samsung planned investment 25 trillion won ($21.22 billion) by next year to boost 3D NAND memory chip capacity was not true.
According to a news report in Reuters, the company said in a regulatory filing that its chip investment plans was not accurate and it has not yet decided on specific investment plans.
Samsung has started mass production of 3D-NAND flash memory and has gradually increased its market share in this segment. Peer companies will also look to increase supplies of memory products in this segment. The industry is expected to grow 11 per cent year-over-year, manufacturing 16.7 million wafer starts in 2016.The overall NAND flash industry is expected to grow at 0.2 per cent this year, according to DRAMeXchange.
