Trending

Stories

Samsung’s Chip Biz Faces Minimal Impact From Chinese City Lockdown

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

The prolonged lockdown in the Chinese city of Xi’an will have minimal impact on the performance of Samsung Electronics, which has a chip fabrication complex there, analysts said on Wednesday.

Samsung Electronics has invested more than $25 billion in the Xi’an manufacturing complex.

Also Read

Samsung, the world’s largest memory chip maker, temporarily adjusted operations at its NAND flash chips manufacturing base in the city late last month, following the city’s draconian restrictions imposed on December 22, banning its 13 million citizens from venturing out and doing nonessential activities, to stem the spread of the coronavirus.

The Xi’an manufacturing complex is Samsung’s only overseas facility that produces NAND flash memory chips, reports Yonhap news agency.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

“The event will have minimal impact on the global supply of NAND flash chips for the time being thanks to Samsung’s own inventory as well as those of other channels,” Doh Hyun-woo, an analyst at NH Investment & Securities wrote in his report.

He added that it will likely drive up NAND prices in the second half when the current stock begins to run out.

Song Myung-seop, another analyst from DGB Financial Group, said the average selling price (ASP) of NAND chips is predicted to “fall less than previously expected, partly due to the supply shortage.”

The Xi’an event is forecast to “help stabilise NAND prices” and eventually boost Samsung’s chip business to log “record earnings this year,” said Eo Kyu-jin from DB Financial Investment.

Industry tracker TrendForce had previously said NAND flash ASP would decline 10-15 percent in the first quarter of this year due to oversupply.

According to TrendForce, Samsung was the world’s biggest NAND flash provider with a 34.5 percent of market share in the third quarter of last year. NAND flash is a type of non-volatile storage that does not require power to store data.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022 India Approved $320m to Promote Homegrown Payments Network Twitter Roll Out TikTok-like ‘For You’ Timeline on iOS
Nothing Phone Enters US with Beta Membership Program Finally! Apple’s VR Headset Coming this Spring Harvard Scientists Develop New Cell Therapy to Kill, and Prevent Brain Cancer HTC Vive XR Elite VR/AR Headset Now Selling for $1099 Realme 10 Launched in India with Helio G99 Gaming Chipset Twitter Data Breach Revealing User’s Private Information Instagram New Feature to Create Albums With Friend Redmi Note12 Pro Plus Launched in India