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Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

Samsung to invest a record 43 tln won in 2011

By 문예빈

Published : Jan. 5, 2011 - 10:31

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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)

Samsung to invest a record 43 tln won in 2011

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