Samsung Elec to begin investing in new memory chip line in South Korea: Yonhap

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Samsung to begin investing in new domestic memory chip line: Yonhap
February 6, 2018
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SEOUL (Reuters) – Samsung Electronics Co Ltd has decided to begin initial investment to build a new memory chip line at its production facilities in South Korea, wire service Yonhap reported on Wednesday.

A Samsung Electronics management committee decided earlier on Wednesday to begin constructing a foundation for a new memory chip line in Pyeongtaek, Yonhap reported, citing an unnamed industry source.

Samsung Electronics declined to comment.

Reporting by Joyce Lee; editing by Richard Pullin