Samsung to invest $1. 7 billion in Kunshan plant: Xinhua
BEIJING (Reuters) – South Korean electronics giant Samsung plans to invest $1. 7 billion in expanding and fitting out its operations in Kunshan, a fast-growing manufacturing hub west of Shanghai, the Xinhua news agency said on Sunday. Samsung’s expansion comes as the world’s largest maker of handsets, memory chips and televisions attempts to diversify its clients and exert greater control over its sprawling manufacturing network, which includes 250 supplier factories in China. The company is already building a $7 billion chip complex in Xi’an, an industrial city in northwestern China. . . .
View full post on Tech News Headlines – Yahoo! News
Leave a Reply