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Samsung Electronics Cuts NAND Flash Memory Production by Over 10% at Xi'an Plant Amid Global Market Adjustments
2025-01-13
Amid the global NAND market's oversupply and subsequent price decline, Samsung Electronics has announced a strategic decision to slash NAND flash memory production at its Xi'an factory in China by more than 10%. Additionally, the company is adjusting the output of Lines 12 and 17 at its Hwaseong facility. Despite Samsung Electronics' dominant market position, intense price competition has eroded its profitability. Conversely, SK Hynix intends to ramp up NAND production, particularly in the enterprise-grade SSD segment. The NAND market, after a prolonged period of decline, now faces renewed pressures and uncertainties.
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