Facility Investment for 2020 to Reach 35.2 Tril. Won
Samsung Electronics announced on Oct. 29 that its facility investment for this year would reach 35.2 trillion won, approximately 8.3 trillion won larger than last year’s. This year’s investment includes 28.9 trillion won and 4.3 trillion won in its semiconductor and display business units, respectively.
The company posted a positive earnings surprise in the third quarter of this year. In that period, its total investment was 8.4 trillion won, including 6.6 trillion won in semiconductor and 1.5 trillion won in display. The company made an investment of 25.5 trillion won for the first three quarters of this year and its investment for the rest of this year is likely to exceed nine trillion won.
The investment in the semiconductor business unit is expected to be used for memory chip process advancement and EUV 5nm process expansion. Samsung Electronics put EUV processes into operation in Hwaseong in February this year and is adding foundry lines in Pyeongtaek.
The investment in the display business unit is likely to be used for more quantum dot display production and innovative mobile display technology.