Samsung
Samsung is not cutting DRAM, NAND production amidst surging demand
Yesterday, Samsung announced in its third-quarter earnings call that it will expand its supply of cutting-edge memory, including 10nm 4th-gn (1a) and 5th-gen (1b) DRAM and 7th- and 8th-gen V-NAND flash memory, without making any downward adjustments.
Samsung revealed that it will further cement its position in the cutting-edge memory market by maintaining its capital investment to secure its competitiveness in the mid-to-long term. In particular, the company plans to invest 47.5 trillion won in capex annually.
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The South Korean tech giant is continuing to adjust production volumes to normalize inventories. There will be selective production adjustments to normalize inventories in a short time. A supply cut will be larger for NAND flash than for DRAM.
Samsung’s DS Division showed improved business performances, which led to 2-plus trillion won in operating profit. It posted an operating loss of 3.75 trillion won, significantly narrowing its deficit compared to 4.58 trillion won in Q1 and 4.36 trillion won in Q2.
