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Samsung going big on memory chips

It plans to invest at least 21.4 trillion won in South Korea as it seeks to extend its lead in chip making
Wednesday, July 5, 2017 - 05:50

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Samsung and other memory chip makers are widely expected to post record profits in 2017. Analysts said demand for NAND chips is due to increasing adoption of high-end storage products.

Seoul

SAMSUNG Electronics Co Ltd said on Tuesday it plans to invest at least 21.4 trillion won (S$25.7 billion) in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones.

The world's biggest memory chip maker by revenue said that the

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