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Tuesday, January 17, 2012

COMPANY NEWS: SAMSUNG


* Samsung is the world's biggest maker of TVs and memory chips and is South Korea's largest company.
* Samsung is on course to hit a milestone of 20 million global TV app downloads before the end of January, said its president of consumer electronics America Tim Baxter.
* South Korea's Samsung Group has said it will invest a record 47.8tn won ($41.7bn; £27bn) this year to expand its various businesses.
* It will spend 31tn won to upgrade its factories and equipment and 13.6tn won towards research and development.
* The company also said it will hire 26,000 new employees this year.

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