Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Industrial Parks
 Search News  Or
Samsung Electronics to build flash chip plant in Xi'an

Mar. 23, 2012 (China Knowledge) - Samsung Electronics, the biggest memory chipmaker in the world, announced yesterday that it plans to build a flash memory chip plant in Xi'an of Shaanxi Province in Northwestern China, sources reported.

The plant will be located in the Xi'an High-tech Industries Development Zone (XHTZ) with an initial investment of US$7 billion.

The plant is expected to start operation by the end of next year. Flash chips are widely used in smart phones and tablet PCs.
Zhao Hongzhuan, director of the XHTZ, said that the project is still subject to approval from Chinese regulators.

The XHTZ, one of the first national-level high-tech development zones in China, tops rankings among all high-tech zones in central and western China in terms of local economy. It has formed such pillar industries such as electronics and information technology, aeronautics, equipment manufacturing and biomedicine.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved