- Samsung (OTC:SSNLF) Electro-Mechanics plans to spend about KRW 1T ($837.5B) to add a new production line for ABF-based flip chip ball grid array (FCBGA) substrates at its Vietnam factory, DigiTimes reports.
- A U.S. chip firm will also reportedly participate in the project, the article said.
- The news comes after Samsung (OTC:SSNLF) reports its best quarterly profit in three years, fueled by rising chip prices amid the global chip shortage.
- Last month, Reuters reported that Samsung is close to finalizing construction of a $17B semiconductor factory near Austin, Texas.
Samsung plans to boost ABF substrate capacity at Vietnam site - DigiTimes
Recommended For You
More Trending News
About SSNLF Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
SSNLF | - | - |
Samsung Electronics Co., Ltd. |