Samsung will invest 41.4 billion dollars in 2012

Tuesday, January 17, 2012

Samsung Group announced today that raises costs for investments in 2012 to a record 41.4 billion, Reuters reported. It is expected that a large sum to further distinguish the South Korean conglomerate of his rivals.

Analysts said the money will be invested in development for mobile chips and OLED flat screens next generation. "Samsung has a large cash flows that allow the company to make bold bets on new technologies," said analyst NH Investment & Securities Li Suntae. "No other technology company can not overtake Samsung in investments, so Samsung is new revenue sources before their rivals."

In his statement today the group says it will add a record 26,000 employees at his company in the new year. Samsung is currently working for about 350,000 people.

Investment will be used in all processes of the company - from building factories in development to mergers and acquisitions and hiring.

Record investment that is 12% more than in 2011, comes at a time when the main rival of the internal market Samsung - LG - to reduce their investments in 2012 with $ 3 billion because of the uncertain global economy.
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