s
Global EditionASIA 中文双语Français
Business
Home / Business / Technology

Samsung's $15b chip project in China to begin mass production next year

Xinhua | Updated: 2019-12-17 16:59
Share
Share - WeChat
Customers try Samsung's Galaxy S10 mobile phone in Shanghai, March 22, 2019. [Photo/IC]

XI'AN -- The second phase of Samsung's chip plant in Northwest China's Shaanxi province, with a total investment of $15 billion, will start mass production in 2020, Samsung China Semiconductor Co Ltd said Tuesday.

The first part of the second phase in Xi'an, with an investment of $7 billion, is expected to be completed and put into operation next March. The second part is scheduled to be finished in the second half of 2021, according to the company.

Samsung signed an agreement with the Shaanxi provincial government in 2017 to start the second phase of the chip plant to expand chip production capacity.

The first phase of the plant went into operation in May 2014. Xi'an has introduced a spate of measures to boost the development of the electronics and information industry.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE