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Samsung sees no serious impact from chip plant suspension in ChinaBy Korea Herald
Published : June 20, 2016 - 14:27
The Korean tech giant on June 20 said that following the explosion some production lines stopped working due to low voltage power and they are working on the resumption in the next three days.
“Up to thousands of wafers should be disposed. But other than that there is no serious impact from the suspension,” said a Samsung official.
Hwang Joon-ho, an analyst at Mirae Asset Daewoo, estimated the total damage at about 10 billion (US$8.6 million) to 20 billion won.
“Samsung is the sole producer of the 3D NAND chips that are produced at the plant. If there’s any supply constraint, its prices are likely to increase,” he added.
By Lee Ji-yoon (email@example.com)
Articles by Korea Herald
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