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Response to disclosure inquiry regarding news

27th Jul 2017 08:28

RNS Number : 2691M
Samsung Electronics Co. Ld
27 July 2017
 

 

Response to disclosure inquiry on the news regarding potential Xi'an chip plant capacity expansion (Update)

 

Date: July 27, 2017

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("Samsung") announced

today that Samsung is exploring various investment options in order to respond to increased

NAND flash memory demand, including investment in Xi'an, but no final decision has been made

at this time.

Samsung will provide an update on this matter within three months or when more details become

available.

 

This updated disclosure is made following the announcement in response to a disclosure inquiry

from the Korea Exchange (May 29, 2017). 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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