Samsung pours money into DRAM

September 9, 2003 – Samsung Electronics Co. says it will invest up to $432 million over the next two years to boost output of its DRAM and flash memory chips.

The funds will go to increasing production at the company’s 12-in. wafer plant in Hwasung, south of Seoul. Samsung, which has a 30% market share of DRAM chips, has already set aside nearly $6 billion of capex for 2003.

The news comes on the heels of Infineon’s pledge to spend nearly $2 billion on its DRAM JV with Nanya.


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