Samsung (SSNLF.PK) intends to invest around $4B on its chip plant in Austin, Texas, including on...

|About: Samsung Electronics Co., ... (SSNLF)|By:, SA News Editor

Samsung (SSNLF.PK) intends to invest around $4B on its chip plant in Austin, Texas, including on refurbishing an existing production line and on increasing its output of system chips. The spending adds to 2.25T won ($1.98B) of investment on a new South Korean logic-chip plant that Samsung announced in June.