Transaction with SCS

Transaction with SCS

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("Samsung") announced today that its Management Committee has authorized the investment in SCS (Samsung China Semiconductor), its subsidiary located in Xi'an, China. Samsung plans to add new semiconductor production lines to respond to increasing NAND flash demand in the middle to long term future.

Details

- Investment Size: USD 2.3 billion (of USD 7 billion that is projected to be invested in SCS over the next three years)

※ This updated disclosure is made following the announcement in response to a disclosure inquiry from the Korea Exchange (May 29, 2017).