Samsung and SK Hynix are upgrading their China fabs to make advanced chips

Samsung Electronics and SK Hynix are both planning upgrades to their Chinese manufacturing plants to produce more advanced NAND flash memory as competition with domestic rival Yangtze Memory Technologies (YMTC) ramps up. Both companies are also looking to meet the growing demand from AI data centers, Reuters reported. Inside the ‘Monami’ conversion at Xi’an Samsung is targeting its Xi’an plant in northwestern China for an upgrade to 286-layer V9 NAND by 2027. The project, internally codenamed “Monami,” means “my friend” in French. Production is expected to ramp up gradually, reaching 5,000 wafers a month by December 2026 and 40,000 a month by December 2027, Reuters reported , citing a person familiar with the plans.

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