SEOUL (Reuters) - South Korea said on Wednesday it had approved a plan by Samsung Electronics Co to build a flash memory chip plant in China seen costing some $4 billion, as a boom in smartphones and tablet computers fuels the chip industry's growth.

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/T-3Y2chpEeA/us-samsung-plant-idUSTRE8021X520120103
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