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Samsung Electronics says undecided on further investment in its China NAND plant

May 17, 2019

Via: Reuters

SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Xian, denying a report by China’s official Xinhua news agency.

Xinhua earlier on Friday had quoted the company’s vice president Ji Hyun-ki as saying that the group would spend more than $14 billion in the second phase of investment in its memory chip plant in Xian.

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