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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
Add BT as a preferred sourcePublished Tue, Jul 4, 2017 · 09:50 PM
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 spending includes 14.4 trillion won by 2021 on its new NAND factory in Pyeongtaek. It will invest six trillion won in a new semiconductor production line in Hwaseong, but did not elaborate on timing or product.
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