Samsung Plans To Spend $1.9 Billion On New Logic Chip Line

Posted on Jun 7 2012 - 11:32am by Editorial Staff

Reuters reports that Samsung planning to spend $1.9 billion to build a new logic chip line, so as to make processors for mobile devices. The company said in a statement that the new line would help meet growing demand for “smart mobile solutions.” The company further stated that it is expecting to complete the new line by the end of next year.

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