DigiTimes, citing South Korean newspaper Chosun Ilbo, said that Samsung (NASDAQOTH: SSNLF) is set to spend $9 billion on capital expenditures related to NAND flash memory manufacturing in 2019. This figure, the report says, is an increase from the roughly $6.4 billion it will spend in 2018. First, let's go over capital expenditure basics so that you know what this means broadly.
Samsung Will Spend $9 Billion In 2019 To Add Nand Flash Memory Production Capacity
newsfeedback@fool.com (Ashraf Eassa), The Motley Fool
Thu, 07/19/2018 - 8:00am
BING NEWS:
- Samsung is prepping 400-layer V-NAND for future 16TB SSD storage and PCIe 5.0 performance
Samsung's 9th-generation 280-layer V-NAND flash memory has only recently entered mass production, with the first commercial products expected to hit store shelves next year. However, according ...
12/4/2024 - 3:42 am | View Link - More
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