From Tom's Hardware: Samsung is betting on China. Reuters, citing Chinese state media, today said the company plans to invest another $8 billion in a NAND production facility in Xi'an.
The investment could allow Samsung to improve production of its NAND flash; it could also be an attempt by the company to curry favor with the Chinese government as it becomes increasingly hostile to foreign technology companies.
Either way, the additional investment might seem odd, given that Samsung's quarterly revenues declined between 50-60% year-over-year for all of 2019. Those drops were largely attributed to the memory market's continued pricing woes.
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