Samsung to invest an extra US$8 billion in China chip plant: media

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Samsung Electronics will increase investment at its chip factory in China by US$8 billion to boost production of NAND flash memory chips, Chinese ...

SHANGHAI: Samsung Electronics will increase investment at its chip factory in China by US$8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday.

In 2017, Samsung announced that it would invest US$7 billion over three years in its Xi'an plant that produces NAND flash memory chips.

 

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