Samsung to invest an extra $8 billion in China chip plant - media
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SHANGHAI (Reuters) - Samsung Electronics will increase investment at its chip factory in China by $8 billion (6.24 billion pounds) to boost production of NAND flash memory chips, Chinese media reported on Tuesday. The South Korean group's investment comes as the memory market is expected to rebound next year because of limited supplies and rising demand for fifth-generation devices and networks.Samsung is the world's largest maker of NAND flash memory chips, which can hold data permanently and..