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Asia300

Samsung to double flash memory output capacity in China

South Korean chipmaker seeks to affirm commitment to its biggest market

Samsung Electronics held a groundbreaking ceremony March 28 for a second production line at its Xi'an chip fabrication facility in China's Shaanxi Province.

SEOUL -- Samsung Electronics said Wednesday that it will invest $7 billion over three years to double production capacity for NAND flash memory in China, the top importer of South Korean semiconductors.

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