Samsung Electronics "Investing 35.2 Trillion KRW in Semiconductor and Display Facilities"
[Asia Economy Reporter Minji Lee] Samsung Electronics announced its '2020 Facility Investment Plan' through its future business and management plans, disclosing on the 29th that it will invest approximately KRW 35.2 trillion in the semiconductor and display sectors to strengthen competitiveness in its core businesses.
In the semiconductor sector, it stated that it will pour KRW 28.9 trillion into advancing memory cutting-edge processes, infrastructure investment, and expanding memory and foundry investments. In the display sector, it explained that it will invest KRW 4.3 trillion to increase QD display production volume.
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On the day, the company explained, “We will enhance business capabilities by strengthening technology leadership centered on the components business.”
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