Samsung To Pour $24B into Semi Production
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On the occasion of its 30th anniversary in the semiconductor business, Samsung announced plans to invest $24 billion into semiconductor production over the next six years, an expansion that will create 10,000 new jobs.
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SAMSUNG Electronicsâs quarterly profit jumped 46 per cent from a year ago on strong memory chip sales, but fell 14 per cent from the previous quarter as prices of flat screens for TV and computers fell.
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Samsung Electronics Co. announced Monday that it was beginning full-scale investment to build a second production line for seventh-generation liquid crystal displays (LCDs) at its complex in Tangjeong, South Chungcheong Province from early next year.
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Seoul (dpa) - South Korean electronics giant Samsung said Monday it plans to invest 25 trillion won (24 billion dollars) in the production of semiconductors over the next six years.
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SOUTH Korea &#39;s Samsung Electronics, the world&#39;s largest memory chipmaker, is to invest $US24 billion ($31 billion) in new chip production lines over the next six years.
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Samsung Electronics Co., the world&#39;s second-largest maker of semiconductors, forecast slower growth in the chip business next year but said it would grow faster than the overall industry as it expands beyond the memory-chip segment it dominates.
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Samsung Electronics Co. Ltd. said on  Thursday it expected mobile phone sales volumes and profit  margins picking up in the first quarter of next year after  cleaning up inventories in the current quarter.
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Samsung Electronics, the world's second-largest mobile phone maker, expects its handset sales to rise 16 per cent next year to more than 100m units.
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Samsung Electronics Co. Ltd. plans to invest 25 trillion won (US$24 billion) in building new semiconductor production lines by 2010, the company said Monday.
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Samsung Electronics Co. Ltd. said on Thursday it expected mobile phone sales volumes and profit margins picking up in the first quarter of next year after cleaning up inventories in the current quarter.
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Samsung Electronics Co. Ltd. will begin the construction of a flat-panel display fabrication facility in Tanjeong, Korea, despite the LCD retail disaster year that was 2004.
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SEOUL Samsung Electronics announced on Monday that it would be investing 25 trillion won in new chip production lines in the next six years, a move that it expects will create 10,000 jobs.
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Samsung Electronics (005930.KS) said on  Tuesday it is targeting a 15 percent rise to 30 trillion won  ($32 billion) in global sales of digital media this year from  2007 through steady growth in TV, printers and computers.
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Samsung Engineering secures a $1.1bn order from Thailand's PTT Public Company to build two gas plants.
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Samsung Electronics Co., Ltd. has developed a new LCD (liquid crystal display) technology that builds a touch screen into the display, a development that could lead to thinner and cheaper display panels for mobile phones, the company said Tuesday.
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Brian Matus, vice president of market research IC Insights, said $100 million is a mere drop in the bucket for Samsung, but the full extent of the company&#39;s guilt or the fines it might be assessed remain to be seen.
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The chipmaker will post twice the growth of the market average, which will hit $270 billion this year, analysts say.