Tencent Technologies News, August 22, according to foreign media reports, Samsung Electronics Co. of South Korea released a financial report on Thursday showing that its R&D expenditure hit a record high in the first half of 2019 as the company sought to focus on new growth momentum.
In the first half of this year, Samsung's total R&D expenditure reached 10.1 trillion won ($8.4 billion), a record high of 12.2% year-on-year growth, according to the semi-annual report of the Korean technology giant. The company's R&D expenditure as a percentage of sales also rose to the highest level of 9.3%, according to the report.
However, Samsung's capital expenditure on semiconductor and display facilities fell sharply to 10.7 trillion won ($8.87 billion), the lowest level in three years, partly because of the weak memory chip market and increased uncertainty caused by global trade tensions.
In the first half of this year, the world's leading memory chip and smartphone manufacturer registered 1473 patents in Korea, accounting for more than 70% of the total patents last year. As of June, Samsung registered 132,478 patents in the global market, including 40% in the United States, 20% in Europe and 17.8% in Korea.
Most of the patents are related to memory chips, smart phones, televisions and other processors, which are considered to be Samsung's, the report said