Samsung to push second chip-production line in Pyeongtaek
- 6 years ago
In time with the release of its vice chairman from jail,... Samsung Electronics may be speeding things up a little.
The Korean tech giant is pushing to build a second chip-production line in Pyeongtaek,... as it anticipates rising demand for semiconductors,... after a year of positive earnings thanks -- in large part -- to its record-breaking chip business.
Though no specific size or timing of investment has been decided yet,... the matter could be brought up at a meeting scheduled for this morning.
If confirmed,... it will be Samsung's first major investment since Lee Jae-yong won early release from prison after appealing his sentence over a bribery scandal linked to the ousted former president.
Samsung started mass production at its new semiconductor fabrication line in Pyeongtaek last July,... and was initially focused on producing the company's fourth-generation V-NAND chip product.
The Korean tech giant is pushing to build a second chip-production line in Pyeongtaek,... as it anticipates rising demand for semiconductors,... after a year of positive earnings thanks -- in large part -- to its record-breaking chip business.
Though no specific size or timing of investment has been decided yet,... the matter could be brought up at a meeting scheduled for this morning.
If confirmed,... it will be Samsung's first major investment since Lee Jae-yong won early release from prison after appealing his sentence over a bribery scandal linked to the ousted former president.
Samsung started mass production at its new semiconductor fabrication line in Pyeongtaek last July,... and was initially focused on producing the company's fourth-generation V-NAND chip product.