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  • Samsung Elec. Seeks Exports of US$13B in '98
  • January 8, 1998 (SEOUL) -- Samsung Electronics Co., Ltd. set its export goal at US$13 billion for 1998.

    A Samsung spokesperson said the decision was made during an emergency meeting to discuss ways to intensify its export division.

    Samsung's export goal for 1998 was increased 17 percent compared to the previous year's US$11 billion.

    Samsung will focus on the development and production of semiconductors and info-telecom devices.

    The company also plans to independently develop components needed to manufacture its major export items, including 64M DRAM chips, CDMA-based mobile phones and digital TVs.

    (Maeil Business Newspaper, Korea)

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    Updated: Wed Jan 7 19:00:42 1998