Samsung looking to break its R&D spending record next year, mobile chips and OLED displays in focus

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Samsung to break its R&D spending record next year, mobile chips and OLED displays in focus
South Korean media cited company officials today that Samsung is planning to expand its Research and Development spending, as well as build new factories to the tune of 33 trillion Korean won, which is the mind-numbing $39 billion.

The bulk of these investments is destined for the company's "system LSI business", which is mobile processors and OLED displays, which sounds like music to our ears. 15 trillion won will be invested in silicon next year, and 8 trillion of those will go towards mobile chips.

The LCD business investment is receiving a 2 trillion axe, which is essentially halving it, but OLED display development will get 7 trillion won more next year. 

Hopefully that will result in the Super AMOLED HD+ of our dreams arriving sooner than Q2 2012. The bulk of this increased OLED investment will probably go towards TV screens, but we hope some of it will trickle down to the mobile business, seeing that it was breaking the charts last quarter, while TVs stagnated.

source: Reuters

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