The South Korean electronics giant Samsung plans to invest $1.7 billion in expanding and fitting out its operations in Kunsha, a fast growing manufacturing hub west of Shanghai, the Xinhua news agency said.
The largest maker of handset , memory chips and televisions attempts its diversify its clients and exert greater control over it's sprawling manufacturing network, which includes 250 supplier factories in China.
The Kunshan investment will be used to build workshop , purchase equipment and set up research institute operated by Samsung Electro-Mechanics Co. , to support a chip carrier related project.
Samsung's growing presence in China has earned it the attention of labor activists more accustomed to scrutinizing rival electronics manufacturing giant Foxconn.
Source: ca.yahoo.com
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