Samsung Electronics chip output at South Korea plant partly halted due to short blackout

guest · Jan 2, 2020

Samsung Electronics chip output at South Korea plant partly halted due to short blackout
January 1, 2020
https://www.reuters.com/article/us-...ly-halted-due-to-short-blackout-idUSKBN1Z01K3

Samsung Electronics (005930.KS) partly halted some semiconductor production at its Hwaseong chip complex in South Korea after about a minute-long blackout on Tuesday afternoon, the company said on Wednesday.

Some DRAM and NAND flash chip production lines were stopped after electricity was cut due to a problem with a regional power transmission cable, and a full recovery is expected in about two to three days, Yonhap reported earlier on Tuesday, citing industry sources. [...] the extent of the losses is under investigation, the company said in a statement on Wednesday.

The incident likely caused millions of dollars in losses, a source with direct knowledge of the matter said, but added that there was no major damage.
A half-hour power outage at Samsung’s Pyeongtaek chip plant in 2018 resulted in estimated losses of about 50 billion won ($43.32 million) according to Yonhap.
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Techspot: Samsung suffers power outage at Hwaseong fab, halting NAND and DRAM production

For most of 2019, NAND and DRAM were in a state of oversupply, and Samsung should be sitting on a rather large inventory of chips. So, the effects of this power outage shouldn't threaten global supply or consumer prices in the near term.
Click to expand...

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Samsung Electronics chip output at South Korea plant partly halted due to short blackout

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