SOUTH KOREA
<i> Times Staff and Wire Reports</i>
Samsung Building New Chip Plant: Samsung Electronics Co., the world’s leading supplier of computer memory chips, said it has begun construction of a $1.5-billion plant to produce 64-megabit DRAM chips. DRAM, which stands for dynamic random access memory, is used to store data in computers and other electronics products. South Korea provides about one-fourth of the world’s DRAM chips. Samsung’s new plant, to be built by the end of the year, will produce 30,000 of the chips a month.
