Samsung Investing $14.7 Billion in Semiconductor South Korean Production Facility

By: | October 14th, 2014

Image courtesy Samsung

Samsung Electronics Co Ltd. is investing $14.7 billion to build a semiconductor production facility in South Korea.

Construction is expected to begin in 2015 and be completed by the second half of 2017.

Rumors surrounding the world’s largest memory chip maker hint at the facility being used to produce memory chips or logic chips but the company hasn’t yet announced what the massive semiconductor facility will be used for.

We will provide updates once more details become available.

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