Prepare Samsung 20.3 Billion Dollar Investment

Prepare Samsung 20.3 Billion Dollar Investment

SEOUL, KOMPAS.com - Samsung announced plans to sink an investment worth 23 trillion won, equivalent to 20.3 billion U.S. dollars by the year 2020. Proceeds will be used for business anyarnya in the environmental sector and health industry.

South Korea's largest business group confirmed it plans to target five investment sectors, namely battery-powered hybrid electric vehicles, light emitting diode (LED), biopharmaceutical and medical devices.

Anyarnya business is predicted that 45 000 new workers to pick up and record 50 trillion won worth of revenue for the parent company.

"Governments around the world began to bury its investment for environmentally friendly industries," said Lee Kun-hee, Samsung Electronics Chairman, Tuesday (05/11/2010).

"While other global companies hesitant to move, Samsung will annex this opportunity. In addition to benefit the company, also provide benefits to the economy of South Korea. (Cash / Femi Adi Soempeno)

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