Reports suggest that Samsung Electronics will be investing approximately 2 trillion yen by 2021 in order to boost the flash memory production, at its factories in Korea. Samsung intends to secure the top position in the flash memory segment, while Toshiba is still in the process of selling its flash memory business unit— Toshiba Memory. Samsung will be investing in new product lines including its latest NAND type flash memory. The company's production capacity is expected to grow twice by 2021 with this additional investment. According to Research company, IHS Technology, in 2016, Samsung grabbed the top share in the flash memory market with 35.2%, followed by Toshiba 19.3%, Western Digital 15.5%, Micron Technology 12.0%, SK Hynix 10.1% and Intel 6.9% in terms of value.
Samsung Electronics announced its first half year financial report for January to June, 2017 and posted a 61% gain year-onyear to 23.9 trillion Korean won (about US$21.29 billion) in operational profit. Over 20 financial analysts forecast the operational profit for the whole year to December 2017 will record high at 51 trillion won (US$45.44 billion). For the six month period, it seems that of DRAM took 30%, NAND flash memory 15% taking advantage of short supply of memories for smartphones and servers. On top of that, the company has added the profit of OLED panels for smartphones on the good going of the profit, as it seems to have started shipment of the panels to Apple at the end of May to early June. Some analysts estimate Samsung will ship approximately 80 million to 90 million units during 2017, which will be 170 million units in 2018. The profitability of DRAMs is very high reaching to about 60% in the profitability on sales. Samsung seems to draw a picture to leave Toshiba behind in the flash memory improvement race by investing money earned in the DRAM business.
Shari Academy launched LuXoculus 2017, to celebrate their Silver Jubilee, with its graduates of the Mastercraftsman Diploma course. The event was held at their brand new colaba premises. The LuXoculus 2017 was inaugurated by Kenichiro Hibi (Managing Director, Sony India Pvt. Ltd.), Hiroyuki Tokuno (Deputy General Manager, Sony India Pvt. Ltd.), Jayesh Mehta (President of AIPTIA), Chandrakant Shah (Hon. Secretary), Mukul Kashyap (Regional Sales Director Indian Subcontinent, Manfrotto), Kakubhai Kothari, Jai Shankar Sharma, Shari Senior faculty members and senior industry members. To add to the celebrations, Sony India announced 4 scholarships worth INR 7 lakhs to the top award winning students. Along with that companies like Zeiss, Manfrotto, Photoquip, Kingston and AIPTIA sponsored a combined reward for all the award winning students of over 14 lakhs (in cash and kind). On the occasion of its Silver Jubilee, Shari Academy formally announced the launch of a new course - Diploma in Digital Video Production, starting on from 14th September 2017.