Samsung Electronics May Raise Investment Budget to $25.5 Billion Next Year

Enlarge image

Samsung Electronics Says It May Invest 30 Trillion Won

Michele Tantussi/Bloomberg

Samsung Electronics Co. flags fly at the Internationale Funkausstellung (IFA) consumer electronics trade fair in Berlin.

Samsung Electronics Co. flags fly at the Internationale Funkausstellung (IFA) consumer electronics trade fair in Berlin. Photographer: Michele Tantussi/Bloomberg

Samsung Electronics Co. may invest 30 trillion won ($26 billion) next year, the company said in an email, confirming a comment by Chief Executive Officer Choi Gee Sung reported by the Korea Economic Daily today.

To contact the reporter on this story: Bomi Lim in Seoul at blim30@bloomberg.net

• Tweet
• More
  • Business Exchange
  • Buzz up!
  • Digg
• Print
• Email