Samsung has started a massive $10.2 billion production line for memory chips aimed at strengthening its stake in the tablet and smartphone hardware market.Samsung happens to be the world’s largest memory chip maker.
The company has also announced that it is going to start producing computer memory chips, more commonly known as random access memory, or RAM, by exploiting the new-generation 20 nanometer process technology.
Other rivals have started shifting their operations to somewhat less-advanced 25 nm process to manufacture DRAM chips, however.
Samsung disclosed that it intends to invest $10.2 billion in the next couple of years.
"The global semiconductor industry is in a period of fierce cyclical volatility," said Samsung Electronics' Chairman Lee Kun-hee, according to this Wall Street Journal report.
"We must prepare for an intensifying storm in the semiconductor industry by further enhancing our technological capabilities and expertise in order to maintain our leadership position," he added.
According to a recent report by the research outfit IHS iSuppli Corp., Samsung enjoyed an estimated 41.6 percent share in the global DRAM market during the second quarter of the running fiscal year.