Samsung Electronics Co said it will build a new chip assembly production line in the eastern Chinese city of Suzhou.

Samsung spokesman Ken Noh told XFN-Asia that the new line would begin operations in the first quarter of 2007, but declined to provide details on how much Samsung would invest in the project.

He said the company has targeted chip sales in China of 5.5 bln usd in 2010.

Samsung currently operates three chip production lines at its Suzhou plant. The three production lines in Suzhou test and assemble semiconductors manufactured in South Korea.

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