. Energy News .




.
TRADE WARS
Seoul approves Samsung's new investment in China
by Staff Writers
Seoul (AFP) Jan 4, 2012


South Korea on Wednesday approved Samsung Electronics' plan to build a new plant in China to produce high-tech memory chips used in tablets and smartphones, the Ministry of Knowledge Economy said.

Following the approval, the world's largest memory chip maker will select a site for the plant and seek Chinese government permission with a view to starting production in 2013, the ministry said in a statement.

South Korean firms need government approval when they build strategic, key or sensitive factories abroad.

Samsung had requested permission for its planned export of key technology relating to NAND flash memory chips. When completed, the plant will produce 10,000 12-inch wafers per month.

The approval comes after a 10-member technology security committee met twice last month to consider Samsung's need to invest in China and the risks of technology leaks.

Jun Dong-Soo, president of memory business at Samsung's device solutions, has said the new plant would help the company meet growing demand and strengthen its competitiveness in the memory business.

Demand is weak for DRAM (dynamic random access memory) chips used in personal computers, pushing prices down and giving makers an incentive to adopt more advanced technology.

The flash memory chip market is robust thanks to growing demand for mobile devices such as tablet computers and smartphones.

Samsung had 45 percent of the global DRAM market in the third quarter last year, followed by South Korea's Hynix with 21.6 percent, according to research firm IHS iSuppli.

Its share of the world market for NAND flash chips was 39.1 percent followed by Japan's Toshiba with 31.4 percent in the third quarter.

Related Links
Global Trade News




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
Perfect storm ahead for Australia mining?
Canberra, Australia (UPI) Jan 3, 2012
Australia's mining sector faces a "perfect storm" of challenges for 2012, a new report says. Global consulting firm Deloitte in "Tracking the Trends 2012" questioned whether Australia was at the peak of a resources bubble that would soon burst. The report cited increasing costs and tightening credit as some of the challenges facing miners, along with continuous rises in the cost ... read more


TRADE WARS
Eight Cities Selected To Receive Free Neighborhood Design Consultations Under US EPA Grant

India against binding emissions pact: minister

China building Asia's biggest thermal power plant

European carbon market suffers in annus horribilis

TRADE WARS
Russia, Turkey reach South Stream deal

Iran warning over US warship raises tensions, oil prices

Japanese politicians land on disputed isles

Quakes halt Ohio 'fracking' waste water well

TRADE WARS
Wind sector trade dispute revs up

ISO New England Selects GL Garrad Hassan as Wind Power Forecaster

Mortenson Construction Completes Comber Wind Project

Wind Power Accounts For Over 80 Percent Of Brazil's Contracted Energy

TRADE WARS
SunMaxx Solar and Johnson Controls Install Solar Thermal Systems in Texas

PowerStream Solar Awards Carmanah Solar PV Contract

Solar Power Goes Viral

Solar power use expands in S. America

TRADE WARS
Spanish village celebrates nuclear waste depot

Greenpeace files complaint against French nuclear group

Iran tests first domestically made nuclear fuel rod

Finnish nuclear plants get clean bill of health

TRADE WARS
Biofuels make EPA compliance a plus for coal utilities

DOE researchers achieve important genetic breakthroughs to help develop cheaper biofuels

Chemicals and biofuel from wood biomass

Turning Pig Manure into Oil Fosters Sustainability in a Crowded World

TRADE WARS
China lays out five-year space plans

Tiangong-1 orbiter starts planned cabin checks against toxic gas

China celebrates success of space docking mission

Two and a Half Men for Shenzhou

TRADE WARS
2011 Britain's second warmest year on record

2011 hottest year in France since 1900: official

Climate sensitivity greater than previously believed

Climate Change May Bring Big Ecosystem Changes


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement