[Samsung Electro-Mechanics Concall] "This Year, Investments for Business Infrastructure Expansion and Enhancement Will Be Executed"

[Asia Economy Reporter Ki-min Lee] Samsung Electro-Mechanics stated during the conference call following the announcement of the Q4 results on the 29th, "In recent years, annual investments exceeding 1 trillion KRW have been continuously made in core businesses, new businesses, and mid-to-long-term projects. However, this year, investments will focus on expanding and supplementing business infrastructure, which may result in a decrease in the scale of investment compared to the previous year."

They added, "We will make timely investments in setting up the Tianjin MLCC factory and mass production of 5G antenna modules to strengthen market dominance and secure new markets."

They also said, "Due to technological innovation stagnation making differentiation difficult, the Kunshan HDI factory, which had incurred significant operating losses for several years, was shut down in December last year, so it seems certain to achieve a clear profit this year." Additionally, they stated, "The package substrate will operate at full capacity due to improved business conditions and tight supply and demand."

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