US$1.9b chip plant
Source: Agencies |
June 8, 2012, Friday
|
Print Edition
Print Edition
SAMSUNG Electronics Co said it is spending US$1.9 billion to build a new logic chip factory in South Korea to tap demand for mobile devices.
The South Korean company said yesterday the new plant in Hwaseong will manufacture application processors for smartphones and tablet computers.
Samsung aims to complete the line before the end of 2013 after breaking ground this month.
Samsung is the world's largest supplier of memory chips. It began pumping up investment in non-memory chips only recently.
The South Korean company said yesterday the new plant in Hwaseong will manufacture application processors for smartphones and tablet computers.
Samsung aims to complete the line before the end of 2013 after breaking ground this month.
Samsung is the world's largest supplier of memory chips. It began pumping up investment in non-memory chips only recently.
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