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Samsung to begin investing in 2nd domestic memory chip line

Published Wed, Feb 7, 2018 · 09:50 PM
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Seoul

SAMSUNG Electronics Co Ltd has decided to begin investment to build a second memory chip line at its Pyeongtaek production facilities in South Korea, Yonhap news agency reported on Wednesday.

Chipmakers are investing heavily to meet booming demand for semiconductors and Samsung said last year that it planned to invest 30 trillion won (S$36.5 billion) in its Pyeongtaek factory by 2021 to expand capacity.

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