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  • Samsung to invest a record 43 tln won in 2011
    Samsung to invest a record 43 tln won in 2011
    Samsung Group, South Korea's top family-owned conglomerate, said Wednesday that it will spend a record 43 trillion won (US$38.3 billion) in capital expenditures this year to cement its market dominance and speed up a search for new growth engines.The figure represents an 18 percent increase from the 36.5 trillion won invested in new plants and equipment last year, according to the group. (Yonhap N
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Samsung to invest a record 43 tln won in 2011

Jan. 5, 2011 - 10:31 By 문예빈
Samsung Group, South Korea's top family-owned conglomerate, said Wednesday that it will spend a record 43 trillion won (US$38.3 billion) in capital expenditures this year to cement its market dominance and speed up a search for new growth engines.

The figure represents an 18 percent increase from the 36.5 trillion won invested in new plants and equipment last year, according to the group. 

(Yonhap News)
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