Samsung Electronics, South Korea’s microchip giant, said that it would make China its
main base for production of PCs and screens to reduce costs, AFP reported.
American electronics components manufacturer Intel is to build its fourth Asian chip
assembly and test plant in Chengdu, Sichuan province.
Two units of the Japanese manufacturer Sumitomo are to set up a joint venture in
Guangzhou to produce steel piping for vehicle exhaust systems and other motor vehicle
Kingboard Chemical Holdings of Hong Kong has received central government
approval to build a Yn1.47bn methanol joint venture with CNOOC on Hainan Island.
Methanol is used in the production of epoxy resin.
Zhejiang Glass will build an Yn800m plant in Qinghai province to produce 600,000 tonnes-a-year of soda ash, a raw material of glass, South China Morning Postsaid.