Investment in Memory Line

21 Dec 2005 07:00

Samsung Electronics Co. Ld21 December 2005 Investment in Memory Line On December 19, 2005, the management committee of Samsung Electronicsauthorized an investment in the Memory line(expanding and upgrading)to meet the growing market demand for Flash and increase profitabilitythrough enhancing cost competitiveness. • Details - Investment amount: KRW 786.8 billion - Financing: Cash on hand - Location: Hwaseong/Giheung Gyeonggi-do, Korea This information is provided by RNS The company news service from the London Stock Exchange