String is an immutable class in Java. An immutable class is simply a class whose instances cannot be modified. All information in an instance is initialized when the instance is created and the information can not be modified. There are many advantages of immutable classes. This article summarizes why String is designed to be immutable. A good answer depends on deep understanding of memory, synchronization, data structures, etc.
String pool (String intern pool) is a special storage area in Method Area. When a string is created and if the string already exists in the pool, the reference of the existing string will be returned, instead of creating a new object and returning its reference.
The following code will create only one string object in the heap.
String string1 = "abcd";
Here is how it looks:
If string is not immutable, changing the string with one reference will lead to the wrong value for the other references.