Samsung expected to raise capital spending to expand production lines for NAND memory chips

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It was revealed last month that Samsung’s
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during the January-March period, and it’s now looking like the firm is hoping to encourage this number to grow throughout the remaining half of the year in order to widen the gap between itself and its competition.

Market researcher IC Insights believes that the Samsung will raise capital spending by an eye-watering 120 percent, which roughly equates to $7.5 billion. This money is expected to be invested into new facilities to
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and non-memory chips for smartphone applications.

To prevent itself from dipping into profits, Samsung will need to cut capital spending for another of its industries, and IC Insights predicts this will be its
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. It anticipates that funding will be reduced by as much as 15 percent, leaving the industry bosses with around $15 million to invest in development strategies.

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