Samsung Electronics Co Ltd said on Monday it expects to invest $7 billion in the next three years to expand its NAND memory chip production in Xian, China.
Samsung is the unconditional leader in the first quarter of 2017 with a 41% share in the flash memory market. Itsrival, Toshiba, has a market share of 18%.In addition, the South Korean company controls 41% of the dynamic memory market.
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