Samsung Electronics expects to invest $7 billion (roughly Rs. 44,726 crores) over the next three years to expand its NAND memory chip production in China's northwestern city of Xi'an, the South Korean tech giant said on Monday.In a regulatory filing Samsung said it approved $2.3 billion of the expected investment of $7 billion on Monday.In early July, when Samsung announced an investment of $18.6 billion in South Korea, it said it would add a production line at its NAND plant in Xi'an, but did …
Aug
28