Samsung Group to invest 2.6 bln usd in China this yr: report

SEOUL (AFX-ASIA) - Samsung Group plans to invest a total of 2.6 bln usd in China to build plants to make CDMA telecommunications equipment and vacuum florescent displays, the Korea Economic Daily reported.

Samsung Electronics will set up two CDMA equipment plants, while Samsung SDI will set up one VFD plant, it said.

The group invested 2.24 bln usd in China last year.

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