SAMSUNG TO ADDRESS EXPECTED CHIP SHORTAGE.
South Korea's Samsung Electronics Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. , which produces dynamic
random-access memory (storage) dynamic random-access memory - (DRAM) A type of semiconductor memory in which the information is stored in capacitors on a MOS integrated circuit. Typically each bit is stored as an amount of electrical charge in a storage cell consisting of a capacitor and a transistor. chips (DRAM), has announced plans to substantially
expand its semiconductor business to address an anticipated shortage of
DRAM chips. New production facilities will go online in October October: see month. 2000 and
expanded facilities in the second half of 2001. Samsung's
investment in production facilities will expand from less than $3
billion to more than $5 billion in the next 12 months. It expects to
generate sales of $13 billion this fiscal year as compared with $8.4
billion last year.
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