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Samsung consider plant investment in Philippines


Monday, June 23, 2008 Samsung Electronics Co. Ltd. is mulling over plans to invest $1 billion in a semiconductor plant in the Philippines, according to a report from Reuters.

The report did not specify whether the plant is a front-or back-end facility. But most believe that Samsung is looking to build a back-end test and assembly plant in the Clark Special Economic Zone in that nation, according to the Sun.Star.

On the other hand, Texas Instruments Inc. said it would expand its IC-assembly and test operations in the Philippines by building a new plant at a cost of $1 billion.

By: DocMemory
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