Samsung's New $13B V-NAND Factory Begins Production

[Raevenlord]

Samsung is one of the top tech players in the world, with tendrils extending through almost all conceivable markets. That position, and the varied sources of income the company has at its disposal, gives it enough leeway to make investments that echo throughout the industry, Now, after a 15 trillion won investment (something like $13 billion), the company's latest V-NAND fab has started production in Pyeongtaek.

The fab will produce the firm's latest three-dimensional, 64-layer 256Gb V-NAND chips. Here's hoping the expected influx of higher quantities of NAND memory will allows us poor users to see a stop to the NAND pricing increase we've been seeing of late. Not everybody needs all the NAND available in smartphones.



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[dj-electric]

Samsung is drowning in money, and hopefully will let us drown less in debt. Plz, lower the god damn nand prices

 

[5DVX0130]

Samsung is drowning in money, and hopefully will let us drown less in debt. Plz, lower the god damn nand prices

Naw man, don't expect the prices to drop anytime soon.
They still need to build a few more factories, and why pay for them themselves? When they can milk their customers, and have them pay for it instead.

At the same time, they don’t really have a reason to lower the prices. Plenty of excuses/lies as to why they need to raise the prices though.

 

[Steevo]

Naw man, don't expect the prices to drop anytime soon.
They still need to build a few more factories, and why pay for them themselves? When they can milk their customers, and have them pay for it instead.

At the same time, they don’t really have a reason to lower the prices. Plenty of excuses/lies as to why they need to raise the prices though.

Would you open a lemonade stand that lost money?

Of course they are going to charge customers for it, how do you think they pay R&D costs, for new infrastructure like this, distribution channels.....

Perhaps we should look at all the socialist failed states to somewhat happens when Socialist ideas are implemented, I hear medical Gulag treatment in the USSR was great in the 70s. Venezuela is nice this time of year if you don't mind the bread lines or being gunned down in the street.

 

[TheLostSwede]

Would you open a lemonade stand that lost money?

Of course they are going to charge customers for it, how do you think they pay R&D costs, for new infrastructure like this, distribution channels.....

Perhaps we should look at all the socialist failed states to somewhat happens when Socialist ideas are implemented, I hear medical Gulag treatment in the USSR was great in the 70s. Venezuela is nice this time of year if you don't mind the bread lines or being gunned down in the street.

Please don't confuse socialism and communism, they're not the same, nor can you randomly choose which to use Mr Capitalist.

 

[5DVX0130]

Would you open a lemonade stand that lost money?

Of course they are going to charge customers for it, how do you think they pay R&D costs, for new infrastructure like this, distribution channels.....

Perhaps we should look at all the socialist failed states to somewhat happens when Socialist ideas are implemented, I hear medical Gulag treatment in the USSR was great in the 70s. Venezuela is nice this time of year if you don't mind the bread lines or being gunned down in the street.

Prices going through the roof is bad for everyone, well except the one doing the milking.

DDR has gone up 75% in just one year, and prices are still expected to increase 50% by the end of the year. That is beyond anything you could call normal, in a worst-case scenario.

I understand Samsung in doing so though. They had a really bad year, DRAM prices have been going down, and with Note 7 being a huge disaster they desperately needed money. It probably wasn’t too hard to convince the rest of the DRAM cartel to make up a few excuses which would lead to where we are now.

Also, don’t mix business and politics.
That said most "political theories" would work, if it wasn’t for corruption and stupid people being in control.

 

[brian111]

You have to spend money to make money, or something like that.

 

[Steevo]

Also, don’t mix business and politics.
That said most "political theories" would work, if it wasn’t for corruption and stupid people being in control.

Point me to a Communistic or Social Communistic country that wasn't a complete dictatorship that fell apart......

People are corrupt, and only the hard framework of western capital society has allowed for improvements in life expectancy and essentially every other part of life, including but not limited to the Internet you are on, the technologies that allow for you live comfortably, drive and much else were invented by people able to become specialists and earn money (evil I know) from research, even with no promise of return and unprecedented personal freedom.


Anyway, I'm glad that Samsung is investing evil money to pay people for terribly hard labor in a country that thrives on technology advancement to produce consumer goods for sale (in lieu of coconut milk, virgin daughters and camels) for cash on the free marketplace, where they are able to ask how much ever they want, and if someone doesn't like it they can purchase something else.

 

[Solaris17]

they desperately needed money

IDK if I would say they desperately needed money.

 

[5DVX0130]

Point me to a Communistic or Social Communistic country that wasn't a complete dictatorship that fell apart......

People are corrupt, and only the hard framework of western capital society has allowed for improvements in life expectancy and essentially every other part of life, including but not limited to the Internet you are on, the technologies that allow for you live comfortably, drive and much else were invented by people able to become specialists and earn money (evil I know) from research, even with no promise of return and unprecedented personal freedom.


Anyway, I'm glad that Samsung is investing evil money to pay people for terribly hard labor in a country that thrives on technology advancement to produce consumer goods for sale (in lieu of coconut milk, virgin daughters and camels) for cash on the free marketplace, where they are able to ask how much ever they want, and if someone doesn't like it they can purchase something else.

Not going to discuss politics. I’ve long since discovered that it's an exercise in futility.
I’ve got nothing against capitalism, but I do have something against shady business practices.

IDK if I would say they desperately needed money.

Well there were talks about them loosing upwards of 20 billion USD (yes, billion).
That’s not accounting for all the damage done to their name, and future loses because of it. Even for Samsung that’s not something they can just swallow.

 

[diatribe]

Nice. Just in time for war to break out against North Korea.

 

[R-T-B]

Point me to a Communistic or Social Communistic country that wasn't a complete dictatorship that fell apart......

He said Socialist. Please get the "commie" bug out of your ear.

As for one that didn't fall apart, try nearly all of Western Europe.

Nice. Just in time for war to break out against North Korea.

If that happenes, we have more to worry about than NAND chips... Although technically the Korean War never ended... But I digress...

 

[Steevo]

He said Socialist. Please get the "commie" bug out of your ear.

As for one that didn't fall apart, try nearly all of Western Europe.

https://en.wikipedia.org/wiki/List_of_socialist_states

OK, and most still are run by Capitalistic ideals if they are successful, others... well, another thread.

 

[R-T-B]

https://en.wikipedia.org/wiki/List_of_socialist_states

OK, and most still are run by Capitalistic ideals if they are successful, others... well, another thread.

I'm referring to the economic system employed, not the governing bodies identification. No European or western nation is constitutionally bound to any economic type.

But you are correct, another thread perhaps...

 

[Boosnie]

I understand Samsung in doing so though. They had a really bad year, DRAM prices have been going down, and with Note 7 being a huge disaster they desperately needed money. It probably wasn’t too hard to convince the rest of the DRAM cartel to make up a few excuses which would lead to where we are now.

A cartel needs no exuses to rise prices.
The recet memory price hike is a simple consequence of demand vs offer
Samsung and other known in advance the offering would not be able to cope the demand at some point and reacted.
A 13Billion factory is nothing that can be built in a year, they planned it well before the S7 crysis.
Also, samsung is huge. The S7 debacle was a hit for his personal devices division, but that's 1 in 100 profitable divisions (including military and skyscraper "manufacturing")

 

[Bones]

He said Socialist. Please get the "commie" bug out of your ear.

There is an extremely thin, blurry line between the two and this was summed up by an individual that had grown up in a Communist-regime country, then later in life escaped to the West.
He said "There is only one difference between Communism and Socialism - The difference is whether you have an AK-47 pointed directly at your head or not".

Nuff on that.

If that happenes, we have more to worry about than NAND chips... Although technically the Korean War never ended... But I digress...

Can't say I disagree with this at all, the **** will be in the literal fan and no one will come out to the good in the end.


OK - I'm like most have been so far, I don't see prices dropping anytime soon as long as the stuff is selling. It's only when the demand goes down that you'll see prices do the same. From a business standpoint it's smart to keep the price up as long as the product is selling, from a consumer standpoint it's a rip..... And yes we're the consumers.

 

[Prince Valiant]

Point me to a Communistic or Social Communistic country that wasn't a complete dictatorship that fell apart......

People are corrupt, and only the hard framework of western capital society has allowed for improvements in life expectancy and essentially every other part of life, including but not limited to the Internet you are on, the technologies that allow for you live comfortably, drive and much else were invented by people able to become specialists and earn money (evil I know) from research, even with no promise of return and unprecedented personal freedom.


Anyway, I'm glad that Samsung is investing evil money to pay people for terribly hard labor in a country that thrives on technology advancement to produce consumer goods for sale (in lieu of coconut milk, virgin daughters and camels) for cash on the free marketplace, where they are able to ask how much ever they want, and if someone doesn't like it they can purchase something else.

Let's pay no heed to the fact that Samsung has been involved in price fixing schemes in the past as well as several other DRAM companies, right?