Samsung's OLED display business plans to invest 7 trillion won next year

[High-tech LED News] According to a report in South Korea, Samsung Electronics plans to increase its investment in the "system LSI business" next year. The business includes microprocessors used in Apple's iPhone and Samsung Galaxy S, as well as OLED displays used in Samsung's mobile devices.

Samsung Electronics plans to invest about 15 trillion won in the chip business next year, of which about 8 trillion won will be used in the "system LSI business." The OLED display business invested 7 trillion won and halved the investment in the LCD panel business to 2 trillion won.

According to the report, Samsung Electronics' capital expenditure will reach 38 trillion won (about 33.9 billion US dollars) next year, and these funds will be mainly used to build factories and product research and development.

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