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Samsung Elec to invest $1 bln in memory chips |
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SEOUL (Reuters)- Samsung Electronics, the world's largest maker of memory chips, said on Monday it would invest 1.05 trillion won ($1.05 billion) in 2008 to upgrade its memory lines.
In a filing to the Korea exchange, the company said the investment was intended to upgrade lines and improve production processes in order to enhance capacity and price competitiveness.
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