Samsung To Increase Investments Next Year
Samsung Group is expected to aggressively invest next
year, in an effort to reinforce its non-memory
semiconductor and OLED operations.
The group's invstments for 2012 are expected to reach
nearly 50 trillion won ($43.5 billion). Samsung
Electronics will be funneling in 14 trillion won to its
semiconductor division, which is the largest investment
in the business area to date. Investments in system
semiconductors (non-memory semiconductors) will rise 60
percent from this year`s 4.5 trillion won to 7.3
trillion won, which allows it to post larger figures
than memory semiconductors (6.8 trillion won) for the
first time ever.
The group is also said to be upping its investments in OLED operations from this year`s 5.4 trillion won to seven trillion won as OLED TVs start commercial production next year.
"We cannot yet unveil the specifics of our investment plans. However, we will be pursuing more aggressive investment strategies than this year," said a high-ranking Samsung official to Maeil Business Newspaper.
The group is also said to be upping its investments in OLED operations from this year`s 5.4 trillion won to seven trillion won as OLED TVs start commercial production next year.
"We cannot yet unveil the specifics of our investment plans. However, we will be pursuing more aggressive investment strategies than this year," said a high-ranking Samsung official to Maeil Business Newspaper.