Samsung Estimates 2012 CapEx At KRW25 Trillion - Quick Facts

RELATED NEWS

1/27/2012 4:35 AM ET

Samsung Electronics Co. Ltd. (SSNLF.PK, SSNNF.PK) Friday revealed its estimate of 2012 capital expenditure at 25 trillion won. The company expects that the Semiconductors business would see capital expenses of 15.0 trillion won, with capital expenses for the Display Panels, or DP, segment anticipated at 6.6 trillion won. In its fourth-quarter and fiscal 2011 earnings release earlier on Friday, Samsung noted that 2011 capital expenditure amounted to 23 trillion won, of which 5.9 trillion won were incurred in the fourth-quarter. The Semiconductors business saw an investment of 13 trillion won, while 6.4 trillion won were spent on the DP segment.

Click here to receive FREE breaking news email alerts for Samsung Electronics Co. Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Australia Leading Index Rises In April - Conf. Bd.

1 Articles

Editors Pick

Red Hat Results Edge Past Estimates

Red Hat Inc., the world's largest seller of Linux software, said Wednesday after the markets closed that its first quarter profit rose 8% from last year, as revenue increased 15% amid strong consumer demand. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.

Negative Reaction To Fed Leads To Sell-Off On Wall Street - U.S. Commentary

After moving mostly higher over the course of the two previous sessions, stocks pulled back sharply during trading on Wednesday. A negative reaction to the Federal Reserve's monetary policy announcement weighed on the markets in afternoon trading. The major averages saw some volatility following the announcement from the Fed, closing firmly in the red.

CBO Finds Senate Immigration Bill Would Reduce Budget Deficit

Providing a potential boost to comprehensive immigration reform, the non-partisan Congressional Budget Office has estimated that the immigration bill currently being debated in the Senate would result in a notable reduction to the federal budget deficit.