Samsung Electronics said Friday it will increase semiconductor facility investment for this year from five-point-four trillion won to six-point-eight trillion won, or nearly seven-and-a-half billion dollars.

Of that amount, the world's biggest computer memory chipmaker will invest six-point-two trillion won for memory chip facilities and another five-point-seven billion won for non-memory products.

If overseas investment is included, the amount earmarked for memory chips will total seven-point-two trillion won.

Chu Woo-sik, Samsung's senior vice president for investor relations, said the company will invest about one-point-one billion dollars to upgrade its plant in Austin, Texas.

Meanwhile, the company cut its planned facility investment for liquid crystal display panels by 40-billion won to one-point-three-seven trillion won, or nearly one-and-a-half billion dollars.