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Samsung's $41bn 2012 investment dwarfs Japanese rivals' spend

David Manners
Tuesday 17 January 2012 11:55

Samsung is to spend $41bn this year and hire 26,000 new employees. Of the $41bn, $26bn will be spent on new capital investments of which 80%, some $21bn, will be spend by Samsung Electronics, mainly for new IC and display fabs.

 

Investment in logic ICs, at $6.5bn is expected to outweigh investment in memories, at $5.6bn, for the first time.

 

$6bn is expected to be invested in OLEDs. DisplaySearch expects OLEDs will make up16% of the display industry, representing $20bn, by 2018.

 

Most of the rest of the $21bn to be invested by Samsung Electronics, around $3bn, is expected to go into LCDs, rechargeable batteries and LEDs.

 

Samsung has $19bn in cash and is expected to announced a Q4 profit of $4.5bn.

 

Earlier this week it said it would sell bonds to raise $1bn for its IC business.

 

Samsung is massively out-spending its Japanese rivals. Last year Sony, Toshiba, Sharp and Hitachi collectively invested $16.6bn.

 

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