Samsung to invest $18.6bn in memory chips

Samsung to invest $18.6bn in memory chips

Samsung's production technologies are a year ahead of rivals such as Toshiba and SK Hynix, believes analyst.

Samsung Electronics' plant in Pyeongtaek is the world's biggest plant based on single semiconductor line.

The company held an internal ceremony to mark the start of the mass production with the attendance of around 100 executives. This spat has delayed adding an extra fabrication unit to a Japanese plant run by the two firms, keeping Toshiba from meeting frothing demand as worldwide competitors ramp up production.

Venus Williams in vehicle crash investigation
The match marked Williams equalling her sister, Serena, for the most main draw matches played at Wimbledon among active players. Williams is being sued by the wife of a 79-year-old man who died last month after his vehicle hit Williams auto .

Samsung future projectsSamsung also plans to invest KRW 6 trillion in its Hwaseong, South Korea, site for a semiconductor fabrication line optimized to install state-of-the-art infrastructure including Extreme Ultra Violet equipment and Samsung Display is reviewing plans to establish a new OLED manufacturing site in Asan, South Korea, by 2018. The new plant on Pyeongtaek has started mass producing the first chips, that one did cost nearly 12 billion and will focus on the production of Samsung's fourth-generation V-NAND (64 layers).

As global chipmakers shift their focus to higher capacity V-NAND chips, Samsung announced goals last month to shift half of its NAND chip production to the fourth generation 64-layer chip.

Samsung is advancing its efforts into expanding its semiconductor production as it plans to invest $18bn into its chip business.

Serge Ibaka reaches three-year, $65 million deal to stay with Toronto
Lowry's contract is a three-year deal worth $100 million, which serves as a healthy pay raise for the All-Star point guard. It's a minor detail on the surface, but for a cap-strapped team like the Raptors it matters greatly.

Samsung concluded by claiming the investment on the plants would eventually lead to the creation of up to 440,000 jobs through to 2021 which will have a stimulating effect on the economy as well. Although amount of investments has not been decided yet, it is likely that Samsung Display will invest significant amount of fund since it will be constructing a new industrial complex.

The company's investment plan comes as new South Korean President, Moon Jae-in, calls on local businesses to create more jobs. It is heard that Samsung is now discussing with South Korean Government and Chinese Government in order to construct additional line in Xi'an.

The Korean semiconductor leader is also considering a plan to construct its second chip plant in Xi'an, China, in addition to its first one built in 2014, it said.

Where Le Tour will be won and lost
He's been with the team a long time now and has a lot of experience. "I think I could be fit enough to ride in the Tour". Some have considered your racing style in last year's Tour somewhat alternative.

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