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Samsung Electronics to plough $9 billion more into South Korea chip plant

2015-04-23 02:34:56| Electronics - Topix.net

Samsung Electronics Co Ltd plans to invest at least another 10 trillion won to boost capacity at a new South Korean chip plant, news service MoneyToday reported on Thursday without citing sources. Samsung has already announced a 15.6 trillion won investment to build the plant in Pyeongtaek south of Seoul, its biggest commitment to a single production facility, as it ramps up its semiconductor business to offset slowing smartphone earnings.

Tags: south electronics korea samsung

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