At present, the second phase of the second phase of Samsung's high-end memory chip project with a total investment of US$8 billion is steadily advancing and is expected to be completed and put into production in mid-2021.

According to Ji Xianji, Vice President of Samsung (China) Semiconductor Co., Ltd., the import and export volume of Samsung (China) Semiconductor Co., Ltd. in the first quarter was 27.867 billion yuan, an increase of 45% compared with the same period last year. Full production was achieved in the third quarter.

According to data, Samsung (China) Semiconductor Co., Ltd. was established in 2012 and the company is located in Xi'an High-tech Comprehensive Bonded Zone. After landing in Xi'an, Samsung Electronics invested US$10.5 billion to build the first phase of Samsung (China) Semiconductor Co., Ltd.'s high-end flash memory chip project and packaging and testing center. The first phase of the project was completed and put into production in May 2014 and has been running smoothly so far.

In August 2017, Samsung Electronics signed an investment cooperation agreement with the governments of Shaanxi Province, Xi'an City and the High-tech Zone to build the second phase of the flash memory chip project of Samsung (China) Semiconductor Co., Ltd.

It is reported that the first phase of the second phase of Samsung's high-end memory chip project invested about 7 billion U.S. dollars. In March this year, the first phase of the second phase of the project was officially launched.

In December 2019, the second phase of the second phase of Samsung's high-end memory chip project was officially launched, with a total investment of US$8 billion.

As the largest foreign investment project in my country's electronic information industry since the reform and opening up, Samsung (China) Semiconductor Co., Ltd. produces 3D V-Nand flash memory chips.

Chi Hyun-ki said that the launch of the Samsung project has driven more than 100 related supporting companies to enter Xi’an High-tech Zone. Xi’an High-tech Zone has formed a semiconductor industry cluster with a scale of over 100 billion yuan and will further become the world’s competitive electronic information industry. base.