The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Response to Disclosure Inquiry

23 Aug 2012 09:55

RNS Number : 6395K
Samsung Electronics Co. Ld
23 August 2012
 



 

 

Response to Disclosure Inquiry

 

On August 22, 2012 (8:37am, local time), the Korea Exchange requested a disclosure inquiry regarding media reports that Samsung Electronics is seeking to invest in system LSI production line in Samsung Austin Semiconductor (SAS). Samsung Electronics responded to the disclosure inquiry as follows:

 

Samsung Electronics is considering expanding SAS' production capacity for system LSI in order to meet increasing demand. Negotiation with the Texas State Government is currently underway including investment amount and details have not been decided yet.

 

Further disclosure will be made within 3 months or as soon as any decision is made.

 

 

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

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.