Samsung ramps Xi'an NAND investment amid AI memory demand and U.S. curbs
Samsung is expanding capacity and investment in its China NAND operations despite U.S. export curbs, with its Xi’an plant producing about 40% of total NAND flash. In 2025, Samsung’s equity investment in Xi’an surged 68% to 465.4 billion won to upgrade production lines, after a 2020–2023 pause, as AI boosts demand and margins for older chips.