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Samsung Elec says earnings growth to continue in 2010

Source :reuters          update : 2010-01-29

South Korea's Samsung Electronics (005930.KS) said on Friday positive earnings growth would continue in 2010, driven by the global economic recovery.

Samsung, which invested 8.1 trillion won ($7.0 billion) in capex last year, said it would spend more than 5.5 trillion won in memory chips and 3 trillion won in its liquid crystal display (LCD) business this year.