The company will start mass-production of high-end flash memory chips in the Xi'an
"In the past, the
The company's new site was a vast farmland 20 months ago. Now the facility covers an area of 1.14 million sq meters with some 230,000 sq m of floor area for the production of 10-nanometer flash memory chips (V-NAND) aimed at serving market needs both in
"Thanks to the support of governments at all levels and excellent local talented people, such a high-end semiconductor factory can be built in such a short time," said Park ChanHoon, chairman of
Samsung is the only electronic company to mass-produce V-NAND in the industry, said
He said compared with previous products, the V-NAND is two times faster at reading and writing data and it can prolong semiconductor life by 10 times with 50 percent less electricity consumption.
"To produce this top-notch product in
The company aims to become a leader not only in the semiconductor field, but also in environment protection, said executives.
To guarantee a safe working environment the
The company also built an automatic cut-off system and a 24-hour emergency reaction system.
The most energy-efficient production and pollution treatment equipment, which is upheld to higher safety standards than both the Chinese and South Korean laws mandate, are used, said Kwon.
Kwon said the above-mentioned operations were approved by industry professionals and will be taken on by senior technology experts in the company.
As well as the semiconductor productions two R&D centers from
More than 60 related companies have settled in the Xi'an
Samsung is also actively involved with community activities in
It signed a memorandum with the
The Samsung CSR Shaanxi Pilot Area was officially opened on
In 2013, Samsung had good operations in
"However, as our main target market - the high-end segmentation is nearly full, it is expected that we will meet some obstacles in 2014," Chang said.
He said the company would strengthen the operation of customer experience centers by improving post services to cater to the changing market.
The company plans to expand its business from electronics to finance, medical care and urbanization in
It will also initiate programs including Hope schools and intelligent classrooms to support China's youth education, Chang said.
Samsung executives and guests at the ceremony to mark the opening of the company's new facility in
Researchers at the Samsung facility in
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