Samsung to spend $1.9 billion for new chip line

Jun 07, 2012

(AP) — Samsung Electronics Co. said it is spending $1.9 billion to build a new logic chip factory in South Korea to capitalize on demand for mobile devices.

The South Korean company said Thursday that the new plant in South Korean city of Hwaseong will manufacture application processors for smartphones and tablet computers.

Samsung aims to complete the line before the end of 2013 after breaking ground this month.

Samsung is the world's largest supplier of memory chips. It began pumping up investment in non-memory chips only recently.

Explore further: Renesas announces SRAM using leading-edge 16 nm FinFET for automotive information systems

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Seoul approves Samsung's new investment in China

Jan 04, 2012

South Korea on Wednesday approved Samsung Electronics' plan to build a new plant in China to produce high-tech memory chips used in tablets and smartphones, the Ministry of Knowledge Economy said.

Samsung starts new chip line to boost flash memory

Sep 22, 2011

Samsung Electronics, the world's largest memory chip maker, said Thursday it has begun mass production at a new line to raise production of flash memory chips used in tablets and smartphones.

Samsung 'crossed the line': Apple executive

Apr 21, 2011

Apple filed suit against Samsung last week because it had "crossed the line," a top Apple executive said Wednesday, but hopes to maintain a "strong relationship" with the South Korean company.

Report: Samsung, Microsoft tie up for new tablet

Sep 08, 2011

South Korea's Samsung Electronics has teamed up with Microsoft to make a new tablet computer powered by the US software giant's latest operating system, a report said Thursday.

SKorean firms to jointly develop new chips

Jul 27, 2009

Samsung Electronics will lead a group of South Korean firms in jointly developing advanced semiconductors used for smartphones and digital televisions, officials said Monday.

Recommended for you

North Korea behind Sony hack, FBI says

2 hours ago

North Korea was responsible for a "destructive" cyber attack on Sony Pictures, the US Federal Bureau of Investigation said Friday, warning it would hunt down the perpetrators and make them pay.

Clooney slams skittish Hollywood after Sony hack

4 hours ago

Film star George Clooney slammed the Hollywood movie industry for failing to stand up against the cyber threats that prompted Sony Pictures to cancel release of the movie "The Interview."

The state of shale

5 hours ago

University of Pittsburgh researchers have shared their findings from three studies related to shale gas in a recent special issue of the journal Energy Technology, edited by Götz Veser, the Nickolas A. DeCecco Professor of Che ...

Coping with floods—of water and data

6 hours ago

Halloween 2013 brought real terror to an Austin, Texas, neighborhood, when a flash flood killed four residents and damaged roughly 1,200 homes. Following torrential rains, Onion Creek swept over its banks and inundated the ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.