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Samsung Electronics Co. is accelerating spending on advanced chip manufacturing technology. Due to the increasing demand for smartphones, displays and memory products South Korea's largest company reported 43.6 trillion won ($36.3 billion) in semiconductor spending in 2021,

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overshadowing rivals by buying extreme ultraviolet (EUV) machines to expand memory and system chip manufacturing. the most profitable Expect demand for server and PC memory to recover.

And said foldable devices have already helped sales growth. Although it declined to offer forecasts due to high levels of uncertainty about supply chains and the pandemic.Samsung posted another record quarterly sales in the last three months of the year.

Its net income rose to 10.64 trillion won, according to a statement on Thursday. Analysts estimate that, on average, 11.1 trillion won, according to estimates compiled by Bloomberg. Operating profit increased