Investment in Memory Lines

15 Mar 2006 08:43

Samsung Electronics Co. Ld15 March 2006 Investment in Memory Lines On March 13, 2006, the management committee of Samsung Electronics authorizedan investment in expanding and upgrading the existing Memory linesto meet the growing market demand by enhancing production capacityand to improve profitability by strengthening cost competitiveness. • Details - Investment amount: KRW 730.3 billion - Financing: Cash on hand - Location: Kiheung/ Hwasung, Kyunggi-do, Korea This information is provided by RNS The company news service from the London Stock Exchange