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Politics : Formerly About Applied Materials

AMAT 228.87

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3:56 PM EST

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To: Proud_Infidel who wrote (36015)	7/25/2000 12:50:46 AM
From: Jeffrey D	Read Replies (1) of 70976

THE KOREA HERALD: SAMSUNG ELECTRONICS UPS INVESTMENT TARGET THIS YEAR 92% match; The Korea Herald ; 24-Jul-2000 12:00:00 am ; 131 words Samsung Electronics Co. plans to increase its investment target for this year from 6.8 trillion won to 7.6 trillion won, as its net profit of 3.2 trillion won in the first half of the year was higher than expected. In a business briefing held at the Korea Stock Exchange Friday, Park Sang-ho, director in charge of management support, said the increased investment of 7.6 trillion won breaks down to 6.5 trillion won for new equipment and machinery and 1.1 trillion won for research and development. Included in the investment in equipment and machinery is 5.7 trillion won for semiconductors and liquid crystal displays. The amount will be spread among S-RAM and flash memory chips and system LSI to prevent an over-investment in a specific area, said Park. Since 2.5 trillion won was already invested in the first half, the investment in facilities for the second half will amount to 4 trillion won.

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