South Korea's Samsung to add US$500m investment in China
(China Daily)
Updated: 2006-07-18 15:09 South Korea's Samsung
Electronics Co said recently it will add an approximate US$500 million
investment in China next year, to further develop its electronics and financing
business.
The company also said the proportion of its business in China
on export and sale in domestic market was 6:4 last year. It hopes the figure
next year will change to 50-50. Samsung will also build a new chip assembly
production line in Suzhou of East China's Jiangsu Province, with the
commencement of the first quarter of 2007.
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