flash chips

Samsung To Invest $18 Billion In Memory Chip Business

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Samsung Electronics will invest nearly $18bn in its chip business, the South Korean firm said Tuesday, as it seeks to expand its lead in the global memory chip and smartphone markets. The world’s top maker of smartphones and memory chips will invest 20.4tn won ($17.7bn) by 2021 to expand and upgrade its chip plants in the … Read more

Samsung Electronics Expects Q1 Profits To Jump

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Embattled Samsung Electronics said Friday it expects profits to jump by half in the first quarter, despite a smartphone recall fiasco and the arrest of its de facto head. The forecast will come as welcome news to the South Korean giant after a torrid period in which it had to ditch its flagship Galaxy Note … Read more