Gottfried,
I just came across the following article. I am a little late, but I have not seen it posted yet so I will do the honors.
siliconstrategies.com
You know, a billion here - a billion there, pretty soon you wind up with some big money.<gg> Putting this billion along side an extra 2 to 3 billion or so from AMAT starts to become an appreciable amount of money "coming out of the woodwork"!
Don
Samsung earnings doubled in 2000
By Jack Robertson
EBN
(01/16/01 10:16 a.m. PST)
SEOUL -- Samsung Electronics Co.
Tuesday reported net earnings of $5
billion (6.4 trillion won) in 2000, double
the $2.47 billion from the previous
year. The Korean giant said sales
reached $26.6 billion (34.2 trillion won)
for the year, up 31 percent from $20,3
billion the previous year.
Officials also said Samsung Electronics
will increase its capital investment to
$6 billion in the current fiscal year.
Previously Y. W. Lee, president of the
Samsung Semiconductor group, told
EBN that chip capex was slated about
$5 billion this year.
Samsung said it will be able to finance
most of the investment out of
operating funds, based on its
profitability.
The firm attributed its sharp jump in earnings to favorable DRAM
prices for the first half of the year, and continued strong market
in SRAMs, where Samsung is the global leader. Officials said the
income increases, however, slowed down in the fourth quarter,
when DRAM prices fell sharply and the flat panel display market
softened. |
