Samsung Electronics says to interrupt floor on new China reminiscence chip line this month

SEOUL (Reuters) – Samsung Electronics Co Ltd plans to start breaking floor for a brand new reminiscence chip manufacturing line in China in late March, a spokesman stated on Thursday.

FILE PHOTO: The brand of Samsung Electronics is seen at its workplace constructing in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji/File Picture

The tech big stated in August final yr that it anticipated to take a position $7 billion over the subsequent three years to broaden its NAND reminiscence chip manufacturing in China’s northwestern metropolis of Xi’an, however had not specified a future schedule.

Yasir Ali
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