Samsung to invest 24 billion dollars in new chip lines

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10:51 AM - December 6, 2004 by Wolfgang Gruener

South Korea's Samsung Electronics, the world's largest memory chipmaker, said it would invest 24 billion dollars in new chip production lines over the next six years.

The plan was unveiled by Samsung Group chairman Lee Kun-Hee at a meeting with Samsung Electronics executives to mark the firm's 30th anniversary in the semiconductor business.

Read the complete story here. (AFP)

Source : Tom's Hardware US

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