Samsung SDI reported a year-on-year increase of 142.4 billion won ($143.7 million) in operating profits in the fourth quarter. The gain was due mainly to continued growth in demand for large-size digital TVs, mobile handsets and secondary battery products.
Samsung also said it will double capital expenditures to just over $1 billion in 2006. About 80 percent of the budget will go to a series of scheduled projects to expand PDP and active-matrix organic LED production along with secondary battery development.
Posted: Jan 18,2006 by Ron Mertens
