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Pin to quick picksSamsung El.gdr Regulatory News (SMSN)

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Material Information

6 Dec 2011 08:10

RNS Number : 4180T
Samsung Electronics Co. Ld
06 December 2011
 



 

 

Application for Establishing Overseas Semiconductor

Production Line

 

On December 6, 2011, Samsung Electronics applied for the Korean government's approval

for establishing a semiconductor production line overseas.

 

 □ Details

- Purpose: To meet growing market demand for NAND products

(Target to mass produce NAND products at 2X nanometers or below)

 

- While applying for the Korean government's approval, SEC will also begin discussion

with the Chinese government for establishing the semiconductor production Line in China.

 

 

 If SEC gets approval from the Korean government and discussions with the Chinese

government progress smoothly, the company aims to start building the production

line in 2012 and begin operation in 2013.

 The date of the disclosure is the same as the date SEC submitted the application

 form to the Korean government.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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