Samsung Capital Expenditures Will Move These Popular Stocks

Samsung Electronics is planning to invest up to $33.9 billion in R&D and capex next year. That’s up 27% over the current year, and an all time record for the corporation.

Samsung will be focusing on the ‘system LSI business’ and ‘OLED displays’ — a development that boosts Universal Display Corporation (NASDAQ:PANL). The LSI business includes microprocessor chips used in smart phones such as Apple’s (NASDAQ:AAPL) iPhones and Samsung’s Galaxy S. The OLED displays are mainly used in Samsung’s mobile devices. DisplaySearch forecasts that AMOLED capacity could grow by triple digits through 2013. Wow.

Samsung has already seen robust demand for its NAND flash and mobile DRAM chips. This was confirmed by Sandisk (NASDAQ:SNDK) who reported strong flash memory demand in their Q3 numbers last month. However, the news could hurt other chip makers because Samsung may aim to use their own chips more often rather than source from Qualcomm Inc (NASDAQ:QCOM), Texas Instruments Incorporated (NYSE:TXN), and NVIDIA Corporation (NASDAQ:NVDA).

Here’s how these stocks are trading now:

  • Universal Display Corp. (NASDAQ:PANL): The shares recently traded at $52.05, up $2.61, or 5.28%. Its market capitalization is $2.37 billion. They have traded in a 52-week range of $21.51 to $63.58. Volume today was 2,597,102 shares versus a 3-month average volume of 2,350,290 shares. The company’s trailing earnings are $-0.52 per share. About the company: Universal Display Corporation is a member of the United States Display Consortium. The consortium is a cooperative industry/government effort aimed at developing an infrastructure to support a North American flat panel display infrastructure. The Company and its partners are developing high-resolution, full color, light weight Organic Light Emitting Diode (OLED) technology. Get the most recent company news and stock data here >>
  • Apple Inc. (NASDAQ:AAPL): The shares recently traded at $398.48, down $7.75, or 1.91%. Its market capitalization is $370.30 billion. They have traded in a 52-week range of $297.76 to $426.70. Volume today was 7,844,898 shares versus a 3-month average volume of 21,360,600 shares. The company’s trailing P/E is 14.40, while trailing earnings are $27.68 per share. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Get the most recent company news and stock data here >>
  • SanDisk Corp. (NASDAQ:SNDK): The shares recently traded at $49.55, down $1.97, or 3.82%. Its market capitalization is $11.88 billion. They have traded in a 52-week range of $32.24 to $53.61. Volume today was 2,252,234 shares versus a 3-month average volume of 9,114,230 shares. The company’s trailing P/E is 10.08, while trailing earnings are $4.92 per share. About the company: SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology. Get the most recent company news and stock data here >>
  • QUALCOMM Incorporated (NASDAQ:QCOM): The shares recently traded at $56.11, down $0.92, or 1.61%. Its market capitalization is $94.25 billion. They have traded in a 52-week range of $45.98 to $59.84. Volume today was 3,578,687 shares versus a 3-month average volume of 18,097,900 shares. The company’s trailing P/E is 22.31, while trailing earnings are $2.52 per share. The company pays a dividend of $0.86 per share for a dividend yield of 1.50%. About the company: QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content. Get the most recent company news and stock data here >>
  • Texas Instruments Inc. (NYSE:TXN): The shares recently traded at $30.78, down $0.77, or 2.44%. Its market capitalization is $35.17 billion. They have traded in a 52-week range of $24.34 to $36.71. Volume today was 2,620,741 shares versus a 3-month average volume of 14,028,000 shares. The company’s trailing P/E is 12.82, while trailing earnings are $2.40 per share. The company pays a dividend of $0.68 per share for a dividend yield of 2.20%. About the company: Texas Instruments Incorporated is a global semiconductor company that designs and supplies analog technologies, digital signal processing (DSP) and microcontroller (MCU) semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses. Texas Instruments has manufacturing or sales operations in countries around the world. Get the most recent company news and stock data here >>
  • NVIDIA Corporation (NASDAQ:NVDA): The shares recently traded at $14.69, down $0.39, or 2.59%. Its market capitalization is $8.87 billion. They have traded in a 52-week range of $11.47 to $26.17. Volume today was 3,752,455 shares versus a 3-month average volume of 21,377,600 shares. The company’s trailing P/E is 16.40, while trailing earnings are $0.90 per share. About the company: NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company’s products provide interactive 3D graphics to the mainstream personal computer market. Get the most recent company news and stock data here >>

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