Samsung 2004 Annual Report Download - page 21

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First, we will be pursuing new growth momentum to keep us ahead of the compe-
tition. Backed by strong R&D, differentiated products, and timely capital investment,
we will make our mainstay memory chip, mobile phone, and LCD panel businesses
even more competitive and profitable as we tap new growth opportunities in the
flat-panel TV, high-definition optical media recorder, printer, and system LSI fields.
Second, we will continue to strive for even greater efficiency across the entire
supply chain as we pursue maximum productivity and maintain our unrivaled
cost leadership.
Third, we will be creating an organizational culture attuned to the digital age.
This culture will do much more than empower us to timely respond to customer
needs. It will foster an atmosphere of continuous change and innovation as it
unleashes the individual creativity and drive that will enable us to rise above the
challenges that lie ahead.
Last but not least, we will continue to be a conscientious corporate citizen around
the world. We are proud to support worthy causes around the globe through
19
CAPEX
In billions
2002
2003
2004
$7.4
$6.5
$4.0