According to Reuters, Samsung said on Monday that it has begun construction of a new NAND flash memory chip production line in South Korea, targeting the personal computer and server markets.

The report said that the new production line will be built in Samsung's factory in pyeongtaek, South Korea, and plans to mass-produce memory chips on the new production line in the second half of next year.

Samsung said that the new capacity will help it meet the needs of 5G mobile phones and other devices. Analysts expect that Samsung's investment in the new production line will be between 7 trillion won and 8 trillion won.