Samsung Elec.’s investment in R&D exceeds $9 bn last year

South Korean tech giant Samsung Electronics spent a total of 22.7 trillion won ($20.05 billion) in facility investment on a consolidated basis last year. The company is planning a 25 trillion won investment in equipment and facilities for 2012. 

In addition, Samsung injected 10.3 trillion won (approximately $9.1 billion), or 6.2 percent of its sales last year, in its research and development (R&D) in 2011, crossing the 10 trillion won mark for the first time in the corporate history. 

For full article see MK Business News

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