March 16, 2010 / 4:28 AM / 10 years ago

Samsung: no plans for now to change chip capex

TAIPEI, March 16 (Reuters) - South Korea’s Samsung Electronics (005930.KS) has no plans for now to change its capital spending plans for memory chips this year, a top executive said on Tuesday.

“We are waiting for the second quarter outcome and we are collecting information from our clients,” Kwon Oh-hyun, in charge of Samsung’s semiconductor business, told Reuters on the sidelines of an industry event.

In January, Samsung, the world’s top maker of memory chips and LCD panels, said positive earnings growth would continue in 2010, driven by a global economic recovery. (US$1=T$31.8) (Reporting by Baker Li, Editing by Jonathan Standing)

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