South Korean tech giant Samsung Electronics on Tuesday reportedly said it will invest nearly $18bn in its chip business. The world’s top maker of smartphones and memory chips seeks to expand its lead in the global memory chip and smartphone markets. The company in a statement reportedly said it will invest 20.4tn won ($17.7bn) by 2021 to expand and upgrade its chip plants in the South Korean cities of Pyeongtaek and Hwaseong.
By Vikraman Maniraj | Jul 4, 2017 12:09 PM #SamsungElectronics #ChipBusiness
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