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Twitter Send 2010/03/11 16:35 KST
Hynix to spend 465 bln won on plant expansion


SEOUL, March 11 (Yonhap) -- Hynix Semiconductor Inc., the world's second-largest computer memory chipmaker, said Thursday it will invest 465 billion won (US$410.41 million) to expand its plant facilities and research and development activities in March.

The investment is designed to better respond to market demand and boost the company's production capacity, Hynix said in a regulatory filing.