China's state-run news agency reports that Samsung (SSNLF.PK) will invest $1.7B in  its plant in...

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

China's state-run news agency reports that Samsung (SSNLF.PK) will invest $1.7B in  its plant in the Jiangsu Province as it looks to keep up with demand for smartphones in the region. The investment will go to equipment and research for chip projects.