Samsung Electronics expects to spend a total of KRW19.5 trillion (US$17.5 billion), equivalent to 81.25% of its total capex, on the company's component business in 2013. Of the planned capex, KRW13 trillion will be invested in its semiconductor business while KRW6.5 trillion will be spent on its display panel business.

Samsung will allocate KRW24 trillion for its 2013 capex, up from the record KRW22.8 trillion reported for 2012.

The capex plan was disclosed when Samsung announced record operating profits for the second quarter of 2013. Despite the record earnings, its mobile division that accounts for the majority of company revenues and profits posted disappointing results in the quarter. In contrast, sales and profits at its component division performed relatively brisk.

By: DocMemory
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