28th Jul 2006 07:01
Samsung Electronics Co. Ld28 July 2006 Investment in Memory Line 14 On July 24, 2006, the management committee of Samsung Electronics authorizedan investment in expanding and upgrading the Memory line 14. • Details - Investment amount: KRW 361.9 billion - Purpose: To meet the growing market demand for Flash by enhancing production capacity and to improve profitability by strengthening cost competitiveness. - Financing: Cash on hand - Location: Kiheung, Kyunggi-do, Korea This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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