Samsung to expand storage devices business

Samsung Electronics said Thursday that the world’s biggest computer memory chipmaker will expand its lineup for data storage service by investing more in next-generation devices called “solid state-drives. (SSDs).” Demand for SSDs is huge because consumers want faster data processing and downloading from laptops, desktops to tablets. SSD is faster than hard disk drives (HDD).

“Samsung will clearly lead the SSD market by expanding our product lineup. Our priority is to offer SSDs with up to 1-terabyte capacities with affordable prices to both consumers and corporations,” said Jun Young-hyun, executive vice president at the firm’s memory sales and marketing, in a forum at the Westin Chosun Hotel in downtown Seoul. The plan was unveiled at Samsung SSD Global Summit attended by more than 150 international and local media. The event was aimed at unveiling new SSD products and business strategies.

For full article, see Korea Times.

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