Samsung Electronics earmarking cash for growth, including M&A

Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant`s investor relations chief said, even as more shareholders clamour for bigger dividends.

Samsung submits plan to invest in Indonesian factory

The Indonesian government is currently processing the plan, Lee Kang Hyun, vice president of PT Samsung Electronics Indonesia, said in a text message.

Samsung Elec CFO says cash reserve not excessive

Samsung Electronics Co Ltd sought to reassure investors on Wednesday by promising to review its shareholder return policy every three years and continue heavy investment, as its share price sags despite record earnings.

Samsung Group plans record $41 billion investment in 2012

Samsung Group, which includes Samsung Electronics Co, said on Tuesday it is raising its 2012 investment to a record USD 41.4 billion, as the South Korean conglomerate seeks to consolidate its leading position in mobile chips and flat screens.