Samsung to plow record cash into displays, chips as smartphone sales reach a peak

  • by: YOUKYUNG LEE , AP Technology Writer
  • Updated: July 26, 2013 - 3:00 AM

SEOUL, South Korea — Samsung plans to plow a record pile of cash into its semiconductor and display panel businesses, hoping to reduce reliance on sales of high-end Galaxy smartphones that are poised to peak after two years of blistering growth.

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