Samsung is set to invest 7 billion US Dollars to build a chip production in China

Note: This section contains information in English only.
Source: BBC
Samsung announced it plans to invest about 7 billion US Dollars to set up a chip production in China. The initial investment will be 2.3 billion US Dollars to establish the plant that will manufacture chips for tablets, smartphones and MP3 players. The company will increase investments gradually. Samsung was willing to penetrate China's market but had a reservation on possible technology leaks. However, this year the firm won the government approval to set up the production plant in China.

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