Samsung Electronics to scale up its chip production capacity by 2023

In contrast to Samsung Electronics, its rival Micron Technology said in a statement that it would scale down its investments in fiscal 2023 to between $7 billion and $7.5 billion.

[{"selector":"#anim-88749c13-889c-41f4-a8a5-ed3d45416af5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

According to market experts; Samsung Electronics’ brave investment plans will support it in securing a market share in memory chips segment and support its share price when demand recovers.

[{"selector":"#anim-cffe84d7-88af-411a-bfdf-0b98670408f5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]