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Samsung opens spigot on investment to capture chip recovery

Global leader expands capacity while rivals struggle to turn earnings around

Samsung's Pyeongtaek site near Seoul: Equipment for a second memory chip factory may be ordered as soon as spring. (Photo courtesy of the company)

SEOUL -- Samsung Electronics is once again investing heavily into semiconductors amid signs of a possible recovery in the industry, going on the offensive ahead of its more reluctant rivals.

The world's largest semiconductor maker reported 7.7 trillion won ($6.43 billion) in operating profit for the July-September quarter. While this figure represents a 56% plunge from a year earlier, profit rose 17% from April-June.

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