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Samsung to hike equipment and R&D budget to US$7.4 billion next year

Compiled from outside sources by Sheu Shu-hui, Research Center; Jane Wang, DIGITIMES Asia Friday 20 September 2002 0

Samsung Electronics plans to raise its 2003 equipment expenditures budget to between 5.5 trillion and six trillion won (about US$4.5 billion to US$5.0 billion), up 20% from 4.88 trillion won for 2002, reported the Korea Economic Daily.

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