Samsung Announces Operation of Memory Facility in Xi’an, China

  Samsung Announces Operation of Memory Facility in Xi’an, China

Business Wire

XI’AN, China -- May 8, 2014

Samsung Electronics, Co., Ltd., a global leader in memory semiconductor
technology, today announced that its memory fabrication line in Xi’an China
has begun full-scale manufacturing operations. The new facility will
manufacture Samsung’s advanced NAND flash memory chips: 3D V-NAND.

Samsung Electronics Vice Chairman and CEO Dr. Oh-Hyun Kwon hosted a plant
inauguration event, which welcomed a large number of attendees including
government dignitaries such as Zhao Zhengyong, Secretary of Communist Party of
China Committee of Shaanxi province, Lou Qinjian, Governor of Shaanxi
province, and Young-se Kwon, Ambassador of the Republic of Korea to the
People’s Republic of China. Other honored attendees included Samsung suppliers
and customers.

Construction of the new manufacturing facility took only 20 months since
Samsung broke ground here in September, 2012. The total area of the facility
is approximately 230,000 square meters, situated on 1.14 million square meters
of land.

In remarks delivered during the ceremony, Dr. Kwon said, “The city of Xi’an
was the starting point of the Silk Road, which had performed a key role in
bridging cultures from the East and the West. We expect that our new facility
in Xi’an – the fruit of close cooperation with China, will mark the crowning
of a 21st century Silk Road.”

Shaanxi province governor Lou Qinjian congratulated Samsung at the event,
noting that the new Xi’an fab highlights the special partnership and efficient
cooperation between China and Korea, as he also promised the province’s
ongoing support.

By commencing operations of its Xi’an fabrication line, Samsung has secured a
solid memory production base in China, a market where approximately 50 percent
of global NAND flash is generated from production bases operated by many IT
companies here. It is also laying the foundation for a more stable supply of
memory products to its customers.

Samsung plans to complete construction of its entire Xi’an complex, which
includes an assembly facility and test line, by the end of this year.

About Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. Is a global leader in technology, opening new
possibilities for people everywhere. Through relentless innovation and
discovery, we are transforming the worlds ofTVs, smartphones, tablets, PCs,
cameras, home appliances, printers, LTE systems, medical devices,
semiconductors and LED solutions. We employ 286,000 people across 80 countries
with annual sales of U.S. $216.7 billion. To discover more, please visit
www.samsung.com.

Contact:

Samsung Semiconductor
John Lucas, APR, 408-544-4363
j.lucas@ssi.samsung.com
 
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