Samsung to invest $1 billion in memory lines

Posted on Tuesday, July 15 2008 @ 4:05 CEST by Thomas De Maesschalck

Samsung announced it will invest 1.05 trillion won, roughly $1.05 billion, this year to upgrade its memory lines.

The firm said the investment will upgrade lines and improve production processes in order to enhance capacity and price competitiveness.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments

Share this story!