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HomeBreadcrumbCalendarsBreadcrumbNational AffairsBreadcrumbChina Affairs

Samsung invests $1.7 bn in China's Kunshan plant

February - July 2013 1 to 74 days from now
Kunshan, China

Published: 28 Jan 2013 | By Maria Micudova and 1 other | Last updated: 28 Jan 2013
   
Samsung invests $1.7 bn in China's Kunshan plant -
Samsung headquarters
wikipedia-Secl

South Korean electronics giant Samsung invests $1.7 billion into expanding the Kunshan plant west of Shanghai. 


The investment will be used to build workshops, buy equipment and establish research institutes operated by Samsung Electro-Mechanics Co. to support a chip carrier related project. 

The move comes as part of Samsung's bid to diversify its clients and exert greater control over its network, which includes 250 supply factories in China. 

Source
Samsung to invest $1.7 billion in Kunshan plant: Xinhua www.reuters.com, 28/01/2013
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Created by Maria MicudovaCreated by Maria Micudova
on Mon 28 Jan 2013
Modified by Georgeta GheorgheLast modified by Georgeta Gheorghe
on Mon 28 Jan 2013
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Location: Kunshan, China
Expected date: February - July 2013
Planning: confirmed
Event is: today

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