Hmm ok. Guess I was wrong about that fact in the first part of my post.
The second part of my post still applies though. Because yeah, when saying upgrade slots, most English speaking people I know would think it meant/was a synonym for module slots. If you actually meant item slots, you should probably reword that sentence to say something like
"Higher qualities of the machine itself are faster and have more [Inventory/Item] slots
note that beyond 100% quality there is no bonus, so you could use speed modules [in spare/excess slots] then"
Just my 2 cents anyway shrugs