Samsung Electronics is expected to invest more than W1 trillion (US$793.7 million) during the second half of this year to expand its semiconductor facilities.
In addition to this investment plan, Samsung Electronics will join hands with Hyundai Motor to develop technology for car semiconductors with a joint investment of W440 billion (US$349.2 million) by 2013.
Meeting reporters on July 16, Dr. Kwon Oh-hyun, president of the semiconductor business division of Samsung Electronics, said Samsung will make more investment in the semiconductors in the second half of this year than in the first half, on the assumption that the semiconductor business prospects will be brighter in the second half.
Samsung Electronics reportedly disbursed W800 billion (US$634.9 million) in an investment for semiconductor facilities during the first half, including W350 billion (US$277.8 million) defrayed in the first quarter.
Samsung Electronics will focus its second-half investment on introducing 40-nano DRAM and 30-nano NANO flash production processes in the second half to improve the cost competitiveness of semiconductors, and on eventually shifting to 50-nano DRAM and 40-nano NAND as its main production processes in the future.
