TECHNOLOGY - March 27, 1996

Samsung to Open Tijuana Plant: The $795-million facility that opens Friday will be the company’s largest site outside South Korea. It will make TV sets, VCRs and color picture tubes. Samsung Electronics Co. also said it will break ground Thursday on a $1.3-billion semiconductor fabrication facility in Austin, Texas. Samsung is the world’s largest memory chip maker. Samsung Tijuana Park, a 1,532-square-acre production site in El Florido Industrial Park, is expected to have revenue of $100 million by 2000. Samsung said last week that it will cut its memory chip production in half as part of an effort to stem a recent decline in prices for some memory chips. The new Texas facility won’t start production until the fourth quarter of 1997.