Posted on : Tuesday 19th May 2020 01:10 PM
Jay Y. Lee, vice chairman of Samsung Electronics Co., and chip executives on Monday arrived in Xian to check upon the Chinese production line of the world’s largest chipmaker amid Chinese easing in entries for business trips in show of resilience of its chip operation from the virus pandemic.
Since beginning of this month, business visits between South Koreans and Chinese gained exemption for two-week isolation if the person travelling tested negative for COVID-19.
Lee tested negative was allowed to travel around China upon arrival on Sunday.
The Xian plant is Samsung Electronics’ sole overseas memory chip manufacturing base active since 2014, where expansion project is underway despite the COVID-19 spread.
He encouraged employees not to be discouraged by the challenges for new leap.
Even with outbreak in full swing, the 5-gen flash memory fab in Xian went into operation as planned in March. The company sent 200 engineers to the plant to ramp up production on a chartered flight last month.
Lee has made the visit to China to manifest the company’s will to see through its goal to achieve leadership in non-memory segment by 2030 at a cost of 133 trillion won ($108 billion). The investment breaks down to 73 trillion won for developing system chips such as NPU and GPU, as well as 60 trillion won for production facilities. It will also increase its current 200 top engineering brains to 2,000 by 2030.
Previously, Lee visited the Xian plant in February last year. His overseas tour stopped with Brazil in January due to the virus outbreak.