[Concall] Samsung Electro-Mechanics "This Year's Capital Expenditure Increased YoY... Setup Completed at Tianjin Factory in China"
[Asia Economy Reporter Suyeon Woo] On the 27th, Samsung Electro-Mechanics stated in its Q4 earnings conference call that "this year, to respond to the favorable conditions in front-end industries such as smartphones and automobiles, as well as 5G, we plan to expand capital expenditures compared to the previous year," adding, "We will actively respond to customer demand by expanding capital investments beyond market growth."
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They continued, "The new plant in Tianjin, China has currently completed the initial capital investment setup and is verifying production stability," adding, "We will efficiently utilize the new plant to respond to the market."
This content was produced with the assistance of AI translation services.
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