[Reuters] Samsung puts lid on capex for the first time since financial crisis

Posted by: UGN Security

[Reuters] Samsung puts lid on capex for the first time since financial crisis - 01/25/13 07:24 AM

SEOUL (Reuters) - Samsung Electronics Co turned cautious on spending for the first time since the global financial crisis, keeping its annual investment plan unchanged at 2012 levels, as demand for computer chips wanes and the smartphone market slows.