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Samsung to pour $9bn into Chinese flash memory plant

Aims to extend lead over Toshiba amid chip sale turmoil

A Samsung Electronics memory fab in South Korea. The company is stepping up investment in flash memory in response to brisk demand.

SEOUL -- Samsung Electronics will spend around 10 trillion won ($8.91 billion) to double capacity at a cutting-edge memory chip plant in China by 2019, aiming to solidify its position at the top as the sale of rival Toshiba's memory operations drags on.

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