Most of its spending cuts will be focused on DRAM memory chips, sources who are directly involved with the matter told The Korea Times, Thursday.
"Samsung has no plans to build new chip factories next year. The company's top priority next year is to gain more profits rather than expand volume," one source said.
Its spending on memory chips may fall below 8 trillion won from this year's estimated 10 trillion won, he said.
Samsung to slash chip capex by 20 percent in 2016
Posted on Friday, Sep 25 2015 @ 15:46 CEST by Thomas De Maesschalck