Samsung Plans to Increase Chip Production Capacity in 2023

Samsung Electronics plans to raise chip production capacity at its biggest semiconductor plant in 2023 despite forecasts of an economic slowdown. This decision contradicts the scaling back of investment from its competitors due to declining demand and chip surplus.

Analysts believe that Samsung’s persistence with its investment plans would help it take market share in memory chips. Also, it could support its stock price upon demand recovery.

Furthermore, the tech firm aims to expand its P3 factory in South Korea by adding a 12-inch wafers capacity for DRAM memory chips. Also, the entity plans to broaden the factory with an additional four-nanometer chip capacity, which would be made under foundry contracts.

P3, which began its production of cutting-edge NAND flash memory chips this year, is Samsung’s largest chip manufacturing facility. In addition, the company is planning to add at least 10 extreme ultraviolet machines next year.

Last October, the South Korean technology giant said it was not considering intentionally cutting chip production. This statement defies the broader industry’s tendency to scale back output to meet mid to long-term demand.

Camera Assistant to be Available on more Samsung Devices

Currently, Samsung is working to make the Camera Assistant app available for more devices. Also, it is preparing to announce the expansion schedule.

The feature was launched in October of this year and is a module for the company’s Good Lock app. It allows users to customize the behavior or settings of the camera at a deeper level compared to the stock camera app.

Last month, Samsung updated the Camera Assistant with the ability for its icon to adapt to the color of the phone’s wallpaper. Besides, Android 13’s dynamic icon feature enabled this new development.

Recently, the South Korean tech giant also released the updated Expert RAW app. This tool allows users to capture bright images of stars, constellations, and dark skies.