[Breaking] Samsung Electronics to Invest 54 Trillion Won in Facilities This Year... 47.7 Trillion Won for Semiconductors
[Asia Economy Reporter Han Ye-ju] Samsung Electronics will invest 54 trillion KRW in facilities this year to strengthen the competitiveness of its core businesses.
Samsung Electronics announced on the 27th that it plans to invest a total of 54 trillion KRW in facilities this year, including 47.7 trillion KRW for the DS (semiconductor) division and 3 trillion KRW for the SDC (display) division.
Specifically, the DS division will focus on memory and foundry infrastructure for future readiness and invest in expansion and process conversion to increase advanced process production capacity. The SDC division will concentrate on expanding small and medium-sized OLED investments and infrastructure investments.
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Samsung Electronics explained, "We expect an enhancement of business capabilities through strengthening technology leadership centered on the components business."
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