Samsung Group to up 2012 investment 12% to record

Posted on January 25, 2012. Filed under: Uncategorized |

Samsung Group to up 2012 investment 12% to record

South Korean conglomerate Samsung Group, which includes Samsung Electronics Co, said on Tuesday it would raise its 2012 investment to a record 47.8 trillion won as it seeks to consolidate its leading position in mobile chips and flat screens.

Samsung, South Korea’s biggest business group, did not provide a breakdown of detailed investment, but analysts have widely expected it to raise investment in mobile chips and next-generation OLED (organic light emitting diode) flat-screen displays.

Samsung Electronics, which makes mobile processors to power Apple’s

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