The company, the world’s largest memory chipmaker and a major manufacturer of consumer electronics, made the announcements in a regulatory filing to the Financial Supervisory Service. Samsung has benefited from demand for LCDs, used in sleek flat-screen televisions, as consumers increasingly replace older, bulky cathode-ray tube TVs.
The company said in January that its net profit for the fourth quarter of 2005 surged 40 per cent, thanks to strong demand for flat-panel TVs and semiconductors.
In a separate filing, Samsung said it will invest 388.2 billion won ($400.9 million) in a research and development production line for DRAM, or dynamic random access memory, chips, used in personal computers.
Samsung has earmarked a total of 9.23 trillion won ($9.53 billion) in capital spending this year, including investments in its semiconductor operations.
