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

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji/File Photo

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. “The second-phase amount of investment in the second production line has not been decided and will depend on market conditions,” the South Korean tech giant said in a statement to Reuters, in response to the Xinhua report.

You better be. Build hn the US.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China says any further action against companies like Huawei could escalate tensionsChina's Commerce Ministry warned Thursday that U.S. actions against companies such as Huawei could escalate trade tensions. Waaaaah TV18Live Ban apple in return😂 We don’t need Chinaware
Source: CNBC - 🏆 12. / 72 Read more »

There’s one big threat to this popular investment for 2019, says State StreetOur call of the day, from Michael Arone, chief investment strategist for State Street Global Advisors, who tells investors to keep a close eye on the dollar,...
Source: MarketWatch - 🏆 3. / 97 Read more »