14 DAY TRIAL // Samsung is determined to maintain its leading position as producer of memory chips and displays by developing new and innovative solutions, Reuters reports.
Its projects include a new generation of magnetic RAM and ferroelectric RAM chips and organic light-emitting diode (OLED) display technology.
Unlike dynamic random access memory (DRAM), magnetic RAM chips keep their stored data after the power is switched off and provide faster computing speeds, while ferroelectric RAM chips have faster data processing speeds than flash memory and need less power.
A Samsung spokeswoman said the company was targeting research and development spending of 5.4 trillion won this year, up from 2004's 4.8 trillion won. The figure accounts for 9 percent of Samsung's expected 2005 sales.
"Samsung will continuously reinforce its core competencies to focus on high-capacity memories, next-generation semiconductors, displays and digital TVs," she added.
OLEDs are solid-state devices composed of thin films of organic molecules that create light with the application of electricity. OLEDs can provide brighter, crisper displays on electronic devices and use less power than conventional light-emitting diodes (LEDs) or liquid crystal displays (LCDs) used today.