Samsung’s memory wafer fabrication plants in Xi’an are said to make up 15% of global NAND flash production capacity
Shares of Western Digital (WDC) and Micron (MU) are on the rise on Wednesday following Samsung’s (SSNLF) announcement that due to the ongoing COVID-19 situation, the company has decided to temporarily adjust operations at its manufacturing facilities in Xi’an, China. While the scale and duration of any production loss is unknown, Wells Fargo analyst Aaron Rakers would view NAND production impacts from this news as a positive for both Western Digital and Micron.
OPERATIONS ADJUSTMENT: Samsung said that due to the ongoing COVID-19 situation, the company has decided to temporarily adjust operations at its manufacturing facilities in Xi’an, China. “This decision was made in accordance with our commitment to protecting the health and safety of our employees and partners, which remains our top priority. We will also take all necessary measures, including leveraging our global manufacturing network, to ensure that our customers are not affected,” the company said in a statement. Samsung’s two memory wafer fabrication plants in the city make up 15% of global NAND flash production capacity, the South China Morning Post has reported.
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