On the evening of October 24th, South Korea's Maeil Business Newspaper reported on Monday that Samsung Electronics plans to increase its capital expenditure in the semiconductor field by 50% to 15 trillion won (about 130 One hundred million U.S. dollars).
"Daily Economic News" quoted sources from Samsung and industry officials that Samsung Electronics planned to increase its semiconductor capital expenditure for 2012 to 15 trillion won (US$13 billion). Among them, about 8 trillion won (about 7 billion US dollars) will be used for non-storage product business, such as mobile processors and image sensors.
In response, a Samsung spokesperson said that the investment plan for 2012 has not yet been determined. Samsung’s current mobile processors are used by Apple’s iPhone and iPad, as well as Samsung’s own smartphone, the Galaxy S. Samsung’s revenue in the mobile processor market partially offset its downturn in the storage market due to strong demand for smartphones and tablets.
Samsung earlier this year stated that the company’s investment in the chip market this year is expected to be 10.3 trillion won (approximately $9.068 billion), of which 5.8 trillion won (approximately 5.106 billion US dollars) for storage operations, 4.2 trillion won. (About $3.698 billion) for non-storage business.
"Daily Economic News" quoted sources from Samsung and industry officials that Samsung Electronics planned to increase its semiconductor capital expenditure for 2012 to 15 trillion won (US$13 billion). Among them, about 8 trillion won (about 7 billion US dollars) will be used for non-storage product business, such as mobile processors and image sensors.
In response, a Samsung spokesperson said that the investment plan for 2012 has not yet been determined. Samsung’s current mobile processors are used by Apple’s iPhone and iPad, as well as Samsung’s own smartphone, the Galaxy S. Samsung’s revenue in the mobile processor market partially offset its downturn in the storage market due to strong demand for smartphones and tablets.
Samsung earlier this year stated that the company’s investment in the chip market this year is expected to be 10.3 trillion won (approximately $9.068 billion), of which 5.8 trillion won (approximately 5.106 billion US dollars) for storage operations, 4.2 trillion won. (About $3.698 billion) for non-storage business.
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