You are here

Samsung Elec to invest more than US$1b in US chip production

JT-40328459 - 27_10_2016 - SKOREA SAMSUNG.jpg
Samsung Electronics Co Ltd said on Tuesday it plans to invest more than US$1 billion by end-June 2017 to boost production of system chips at its Austin, Texas, facilities to meet growing demand.

[SEOUL] Samsung Electronics Co Ltd said on Tuesday it plans to invest more than US$1 billion by end-June 2017 to boost production of system chips at its Austin, Texas, facilities to meet growing demand.

Samsung said in a statement that it would boost production of chips for mobile and other electronic devices from its existing facilities in Austin.

REUTERS

sentifi.com

Market voices on:

Powered by GET.comGetCom