Hunan-based SSD developer and manufacturer, RunCore, have announced they just recently began construction of a brand new state-of-the-art SSD production facility in Changsha's Junzhou New District in Hunan province.
The investment from RunCore is at around $31 million, with the new production facility compromising of more than 360,000 square meters. The first construction phase is set to be completed by the end of this year, and shjould offer the room for the first four new SSD production lines. In the first phase, RunCore will gain production capacity increases of around 400,000 units per year, worth just over $50 million.
Within the next three years, the entire facility should be polished up and finished, and will offer RunCore one of the most advanced production capabilities in the industry. At this time, RunCore hope to have an annual production valued at $156 million.
Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.