BIZCHINA / Overseas Investment
Samsung to build new chip assembly line in China
(XFN-ASIA)
Updated: 2006-07-10 15:08
Samsung Electronics Co said it will build a new chip assembly production
line in the eastern Chinese city of Suzhou.
Samsung spokesman Ken Noh told XFN-Asia that the new line would begin
operations in the first quarter of 2007, but declined to provide details
on how much Samsung would invest in the project.
He said the company has targeted chip sales in China of 5.5 bln usd in
2010.
Samsung currently operates three chip production lines at its Suzhou
plant. The three production lines in Suzhou test and assemble
semiconductors manufactured in South Korea.
(For more biz stories, please visit Industry Updates)
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