Samsung may delay completion of chip-making factory

Samsung Electronics Co. said Friday it is considering delaying the completion of a factory to produce system semiconductors due to macroeconomic headwinds.

Samsung Electronics said that it is considering pushing back the completion of a 2.25 trillion won (US$2.06 billion) factory due to the global economic slowdown and market conditions. The factory, located in Hwaseong, 60 kilometers south of Seoul, is under construction.

The world’s top maker of computer memory chips originally planned to finish the construction by the end of next year. The factory was set to produce mobile application processors starting in 2014.

From: http://english.yonhapnews.co.kr

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