Samsung Kicks off Commissioning of Equipment Orders for Xi'an Plant
Tuesday, October 1st, 2013
Tess Semiconductor also said in a disclosure on the same day that it made a 28.8-billion-won contract with Samsung China to supply semiconductor equipment. This is as much as 40.9 percent of its sales revenue in 2012. Tera Semicon also signed a 12.1-billion-won deal with Samsung China. Earlier, other semiconductor equipment companies including , KC Tech, LOT Vacuum, and Uni-Sem had won equipment supply orders from Samsung China.
Samsung Electronics will build a NAND flash memory chip plant in Xi'an at the total cost of US$7 billion. The construction has begun this month. As the company will place additional equipment orders by the year's end, it is expected that other Korean equipment makers will benefit.