Samsung Plans NAND Flash Facility Expansion to Meet Future Data Center and Mobile Demands

Samsung Electronics Co., Ltd. | June 01, 2020

Samsung Plans NAND Flash Facility Expansion to Meet Future Data Center and Mobile Demands
  • Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced plans to expand its NAND flash production capacity in Pyeongtaek, Korea.

  • In the age of the Fourth Industrial Revolution fueled by artificial intelligence, the IOT and 5G expansion, the added capacity will play a major role in helping to address mid- to long-term demands for NAND flash memory.

  • Leveraging its significant edge in manufacturing and technology, Samsung has held the leadership position in NAND flash memory for the past 18 years.


Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced plans to expand its NAND flash production capacity in Pyeongtaek, Korea, reinforcing the company’s ability to meet demands from emerging technologies. Construction, which began this May, will pave the way for mass production of Samsung's cutting-edge V-NAND memory in the second half of 2021.

The new investment reaffirms our commitment to sustain undisputed leadership in memory technologies, even in uncertain times. We will continue to serve the market with the most optimized solutions available, while contributing to growth of the overall IT industry and the economy in general.

- Cheol Choi, executive vice president of Memory Global Sales & Marketing


In the age of the Fourth Industrial Revolution fueled by artificial intelligence, the Internet of Things and 5G expansion, the added capacity will play a major role in helping to address mid- to long-term demands for NAND flash memory. As digital lifestyles become more prevalent, Samsung will continue to be proactive in making new investments in order to seize future market opportunities.

Read more: Kyvos Enables Multidimensional Analytics on the Cloud with Snowflake Integration

Samsung's NAND flash production network extends from Hwaseong and Pyeongtaek in Korea to Xi'an, China. Established in 2015, Samsung's Pyeongtaek Campus is a hub for next-generation memory technologies, consisting of two of the world's largest-scale production lines.

Leveraging its significant edge in manufacturing and technology, Samsung has held the leadership position in NAND flash memory for the past 18 years, with one recent innovation being the industry-first sixth-generation (1xx-layer) V-NAND introduced last July. Through balanced investment across its global sites, Samsung aims to maintain a robust production network that will further cement its market leadership.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions.

Read more: Omni-HealthData Named "Best Overall Healthcare Data Analytics Platform" For the Second Consecutive Year

Spotlight

Build a model to detect credit card fraud using thousands of features and billions of transactions. Intelligently recommend millions of products to millions of users. Estimate financial risk through simulations of portfolios including millions of instruments. Easily manipulate data from thousands of human genomes to detect genetic associations with disease. These are tasks that simply could not be accomplished 5 or 10 years ago. When people say that we live in an age of “big data,” they mean that we have tools for collecting, storing, and processing information at a scale previously unheard of. Sitting behind these capabilities is an ecosystem of open source software that can leverage clusters of commodity computers to chug through massive amounts of data.


Other News
BIG DATA MANAGEMENT

Pathr.ai Unveils New Spatial Intelligence Analytics Tools for Retailers to Help Drive In-Store Profitability, Increase ROI

Pathr.ai | January 15, 2022

Pathr.ai, the industry's first and only artificial intelligence (AI) powered spatial intelligence platform, today announced three powerful new spatial intelligence analytics tools focused on helping retailers drive in-store profitability. Pathr.ai’s CPG Display Tool, True Conversion Rate Tool, and Brand Effect vs. Location Tool are all designed to deliver previously unavailable business insights that empower retailers to obtain higher levels of revenue and make stronger business decisions for their physical stores. “Retailers today lack in-store analytics around customer behavior - critical information that can lead to increased profitability and improved business outcomes. We designed our new tools to address some of the most pressing concerns for retailers,” said George Shaw, CEO and Founder of Pathr.ai. “In addition to our Brand Effect vs. Location Tool and True Conversion Rate Tool, now, for the first time ever, retailers will be able to assess the effectiveness of CPG brands at their stores with our CPG Display Tool.” Pathr.ai’s new tools include: CPG Display Tool: For the first time ever, retailers have a solution that helps them assess the effectiveness of CPG brands at their stores with store-level data to directly measure and maximize the impact of Category Management efforts. By analyzing shopper traffic and dwell impressions within various store departments, retailers can enhance their strategic CPG brand partnerships by offering them valuable data to improve their merchandise placement and marketing promotions. This information also allows CPG brands to better understand how their products are performing in different areas of a store and can be a potentially lucrative new data source for retailers. True Conversion Rate Tool: Allows retailers to quantify group size dynamics in their locations (ex: families, couples, or singles) and delivers a more accurate buyer conversion rate for retailers. This is a huge departure from how the conversion rate is typically calculated, with most retailers measuring individuals, not groups. If a family of 4 enters a retail location, usually only one person from that family will pay for a product, not all 4. In addition to a more accurate conversion rate, this data can also be used to inform merchandising and in-store promotion initiatives. Brand Effect vs. Location Tool: Lets retailers assess how effective their store-within-a-store brands and locations are performing. For example, retailers can leverage this data to understand the full business impact of their store-within-a-store, assessing if that location resulted in traffic to other areas or if it outperformed conventional sections of their store. Retailers can quantify traffic and dwell times around store-within-a-store locations to benchmark rents for each area and guide potential adjustments in location and surrounding store signage to improve performance. “Spatial Intelligence can be a powerful asset to retailers focused on maximizing their profits and improving operational efficiencies critical to their success. We’ve created our insight tools to empower retailers to make business decisions in an accurate and data-driven way, and ultimately share that insight with their CPG supplier base.” Alan Flohr, Chief Revenue Officer of Pathr.ai Pathr.ai integrates and collects data from a retailer’s existing camera infrastructure. It measures customer movement inside a physical space anonymously - allowing companies to comply with GDPR and CCPA standards and achieve positive business results in an unbiased way. About Pathr.ai Pathr.ai is the industry’s first AI-powered spatial intelligence software company that uses anonymous location data from available and existing infrastructure to observe human behavior in any physical space. Its sophisticated technology turns raw behavioral and spatial data from existing sensors into actionable and applied business learnings - allowing companies to drive the business results that matter most to the growth of their companies in real-time. Founded in 2019, Pathr.ai is headquartered in Mountain View, California.

Read More

BIG DATA MANAGEMENT

NV5 Acquires AT Advanced Technologies, Strengthening Data Center Commissioning and Mission Critical Services

NV5 | December 28, 2021

NV5 Global, Inc. , a provider of compliance, technology, engineering, and environmental consulting solutions, announced today that it has acquired AT Advanced Technologies Asia Pacific Pte. Ltd. (AT), an international consulting firm providing commissioning management and engineering services for high tech facilities and data centers. AT’s clients include large international technology and financial companies that depend on the efficiency and reliability of mission-critical data centers for their day-to-day operations. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings. “Data center commissioning and mission critical engineering is a high-margin, high-growth sector that NV5 entered in early 2021 with the successful acquisition of Industrial Design Associates International. Singapore is one of the largest and fastest growing data center markets in the world, and AT Advanced Technologies’ give us a competitive edge in capitalizing on data center market growth in Singapore and throughout Southeast Asia.” Dickerson Wright, PE, Chairman & CEO of NV5 Founded in 1999, AT has completed more than 350 projects in Asia and Australia and operates out of three offices in Singapore, Hong Kong, and India. “We are excited to join NV5 and the acquisition strengthens our existing platform for further expansion,” said Victor John Carey, CEO and Founder at AT Advanced Technologies. “AT Advanced Technologies complements our energy efficiency and building analytics services and expands our international commissioning capabilities. We look forward to presenting our combined capabilities to existing customers and new client pursuits,” said Gary Hui, PE, Vice President of NV5 Energy Efficiency and Mission Critical Services. About AT Advanced Technologies AT Advanced Technologies is a building services engineering, commissioning management, and energy management consulting firm providing clients with integrated skills and expertise to match the expectation of blue chip multi-national companies. With a unique blend of qualified technical staff from the UK, Australia, Singapore, and various countries in South East Asia, AT Advanced Technologies delivers world class services to clients in the financial and technology markets. AT Advanced Technologies is a member of the USGBC (LEED), the Commissioning Specialists Association (CSA) and is bizSAFE Star certified. About NV5 NV5 Global, Inc. is a provider of compliance, technology, engineering, and environmental consulting solutions for public and private sector clients supporting sustainable infrastructure, utility, and building assets and systems. The Company focuses on multiple verticals: testing, inspection & consulting, infrastructure, utility services, buildings & program management, environmental health sciences, and geospatial technology services to deliver innovative, sustainable solutions to complex issues and improve lives in our communities. NV5 operates out of more than 100 offices nationwide and abroad.

Read More

BIG DATA MANAGEMENT

Huron to Acquire Healthcare Predictive Analytics Company Perception Health

Huron | December 23, 2021

Global professional services firm Huron today announced it has entered into an agreement to acquire Perception Health Inc., a healthcare predictive analytics company focused on bringing data sources together to illuminate opportunities for improved clinical and business decision-making. Huron’s deep healthcare expertise, technology and analytics capabilities combined with Perception Health’s analytics, predictive models and data platform will strengthen the firm’s ability to help providers uncover patterns of care to lower costs, improve patient outcomes and deliver a better healthcare experience. “The healthcare industry is under immense pressure to deliver high-quality, individualized care. This acquisition allows Huron to offer providers, payors and research institutions data insights across the care continuum to make better decisions and proactively impact patient care and clinical outcomes.” James H. Roth, chief executive officer of Huron Since its founding in 2014, Perception Health has been providing the healthcare industry predictive data insights and intelligence to illuminate opportunities for their clients to gain a competitive advantage. Perception Health’s robust intelligence platform of solutions enables providers, payors and research institutions to analyze network integrity, identify early disease risk factors and optimize patient care. All Perception Health employees will join Huron, including Gregg Loughman, chief executive officer, and Tod Fetherling, co-founder and chief data scientist. “We are thrilled to join a values-led and people-focused organization that shares our vision for transforming healthcare,” said Gregg Loughman, chief executive officer of Perception Health. “Huron and Perception Health are strategically aligned and committed to helping our clients harness the power of curated data and analytics to make smarter decisions that profoundly impact patient outcomes, experience and cost of care.” Perception Health will be included in Huron’s Healthcare operating segment. Terms of the acquisition, which is expected to close in December, were not disclosed. ABOUT HURON Huron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation and navigate constant change. Through a combination of strategy, expertise and creativity, we help clients accelerate operational, digital and cultural transformation, enabling the change they need to own their future. By embracing diverse perspectives, encouraging new ideas and challenging the status quo, we create sustainable results for the organizations we serve.

Read More

BIG DATA MANAGEMENT

Software AG, SAP partner on industry 4.0 data

Software AG | February 24, 2021

Software AG and SAP have partnered to better surface supply chain management data with the aim of improving product quality. The news, which landed as Software AG held its Capital Markets Day, highlights how multiple players are forming partnerships to focus on the industry 4.0 market. Software AG's alliance with SAP will combine SAP's S/4HANA Cloud with Software AG's TrendMiner, which is self-service industrial analytics software for smart factories. According to the companies, the partnership will bring sensor-generated time-series data into the analytics and operational performance fold. Software AG in January reported bookings growth of 31% in the fourth quarter and 24% for 2020. Digital transformation drove demand for Software AG. For 2020, Software AG reported revenue of €834.8 million, down 3.8% from a year ago. Net income (non-IFRS) was €125.4 million. Software AG said that it will "double down on its existing strategy by focusing on five priority areas, namely: continuing to develop its subscription growth engine, fostering product innovation, driving internal simplification to improve productivity, progressing the ongoing cultural transformation driving its success, and taking a more proactive stance towards Mergers & Acquisitions."

Read More

Spotlight

Build a model to detect credit card fraud using thousands of features and billions of transactions. Intelligently recommend millions of products to millions of users. Estimate financial risk through simulations of portfolios including millions of instruments. Easily manipulate data from thousands of human genomes to detect genetic associations with disease. These are tasks that simply could not be accomplished 5 or 10 years ago. When people say that we live in an age of “big data,” they mean that we have tools for collecting, storing, and processing information at a scale previously unheard of. Sitting behind these capabilities is an ecosystem of open source software that can leverage clusters of commodity computers to chug through massive amounts of data.

Resources