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Samsung Cuts NAND Flash Production at Xi'an Facility Amid Price Decline
2025-01-13
In response to the global oversupply of NAND flash, which has led to a significant price drop, Samsung Electronics has announced a substantial reduction in NAND flash production at its Xi'an plant. This strategic move aims to rebalance market supply and demand and safeguard the company's profits. According to DRAMeXchange data, prices for general NAND flash products have plummeted by 29.18% on a month-on-month basis as of the end of October 2024. To address this imbalance, Samsung will slash wafer input at the Xi'an facility by more than 10%, resulting in a projected monthly production of approximately 170,000 wafers. Additionally, the company will adjust production capacity at its Korean production lines.
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