Samsung Electronics Co Ltd and other memory chip companies are expected to enjoy record revenue and profits in 2017. — Reuters
SEOUL: Tech giant Samsung Electronics Co Ltd said on May 29 that it is considering adding memory chip production capacity at its manufacturing base in China amid an industry-wide boom that will likely fuel record sales for memory suppliers.
The firm was considering adding capacity at its facility in Xi'an but no specifics, including the potential investment amount and what products it would make with the additional resources, had been decided, a Samsung spokesman said.
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