SEOUL -- Samsung Electronics said Friday it will invest an additional $8 billion in a Chinese memory chip plant, increasing its capacity to supply local smartphone makers like Huawei Technologies.
Technology
Samsung eyes Huawei and Foxconn with $8bn China chip investment
Company bolsters Xi'an flash memory factory after visit by Li Keqiang
This plant in Xi'an, China is Samsung Electronics' sole semiconductor production facility outside of South Korea. © Samsung Electronics
Read Next
Latest on Technology
