Samsung Expects New V-NAND Plant in South Korea to Come on Line Late 2021

Samsung broke ground last month on a facility in Pyeongtaek, South Korea, that will expand its NAND flash production capacity, it said Tuesday. It expects to be in mass production of V-NAND memory, introduced in July, in second half 2021. The added capacity addresses mid- to long-term demands for NAND flash memory, it said.