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Samsung Elec to begin investing in new memory chip line in South Korea: Yonhap
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
Our Standards:The Thomson Reuters Trust Principles.
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