REG - Samsung Electronics - Response to Disclosure Inquiry

Thu Aug 23, 2012 2:46am EDT

* Reuters is not responsible for the content in this press release.

RNS Number : 6285K
Samsung Electronics Co. Ld
23 August 2012



Response to Disclosure Inquiry


On August 22, 2012 (8:37am, local time), the Korea Exchange requested a disclosure inquiry regarding media reports that Samsung Electronics is seeking to invest in system LSI production line in Samsung Austin Semiconductor (SAS). Samsung Electronics responded to the disclosure inquiry as follows:


Samsung Electronics is considering expanding SAS' production capacity for system SLI in order to meet increasing demand. Negotiation with the Texas State Government is currently underway including investment amount and details have not been decided yet.


Further disclosure will be made within 3 months or as soon as any decision is made.   




This information is provided by RNS
The company news service from the London Stock Exchange