After announcing its long term investment plan for eco and healthcare industries, Samsung has announced a short term investment plan for its money-making semiconductor and display businesses. They’ve announced to increase the annual investment outlay for 2010 to 26 trillion won, highest ever for Samsung. 18 trillion won will be invested in semiconductor manufacturing facilities while the rest will be invested for R&D.
Although the global economic environment and business conditions remain changeable and uncertain, if we invest aggressively in expanding facilities and in hiring then these circumstances also present Samsung an opportunity for future growth and to stimulate the economy.
Samsung plans to hire 10,000 new employees for the said industries.
Samsung’s Memory division will increase its facilities investment from 5.5 trillion won to 9 trillion won with an additional investment of developing Line-16 for DRAM, NAND and other memory products. The Line-16 will be Samsung’s new semiconductor line since 2005 and will produce 200,000 12-inch wafers monthly from next year.
Other division like System LSI operations will also be allocated some part of the investment due to growing demand of System-on-Chip (SoC) solutions for mobile handsets and digital TVs etc.
For the display business, Samsung will invest in to establish an 8th Gen LCD Line to suffice growing demand of large-sized LCD TVs. Additionally, Samsung Mobile Display (SMD) will also get a boost to strengthen its AMOLED leadership.
SMD will establish a 5.5 gen (1300x1500mm) AMOLED line by 2012 to produce panels for AMOLED TVs. Its monthly capacity is pegged to be at 70,000 units.