updated 12/20/2012 3:30:49 AM ET 2012-12-20T08:30:49

SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd, the world's No.1 memory-chip maker, said on Thursday it has completed talks with the state government of Texas where it plans to invest $3.9 billion to expand system-chip production lines and that the expansion would proceed.

(Reporting by Ju-min Park and Se Young Lee; Editing by Matt Driskill)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp

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