Last checked at 17 May 2010 10:06
2010 Investment Plan
On May 17, 2010, Samsung Electronics announced capital expenditure and R&D of 26 trillion Won, its largest annual investment ever, in order to secure growth drivers and further strengthen the Company's leadership in the global IT industry.
- Total Investment amount: KRW 26 trillion
• Total capital expenditure : KRW 18 trillion
* Semiconductors : KRW 11 trillion (KRW 9 trillion for memory business, KRW 2 trillion for System LSI business)
* LCD : KRW 5 trillion
• Investment in R&D : KRW 8 trillion
Management Committee Decision
On May 17, 2010, the management committee of Samsung Electronics authorized an investment in the expansion of the existing Memory Line 15 and initial construction of Memory Line 16.
- Investment amount: KRW 2.52 trillion
- Purpose: To meet the growing market demand and to strengthen competitiveness.
- The groundbreaking ceremony for the new Memory Line 16 was held today in Hwaseong, Gyeonggi Province. Investment in the new line is expected to total approximately KRW 12 trillion to completion.