The combined investment of Samsung Electronics and Hynix Semiconductor will arrive at approximately 13.7 trillion won (US$12.20 billion; US$1=1122.8 won) in full-year 2011, according to a March 9, 2011 report by the Korean Times. Samsung plans to spend a total of 10.3 trillion won (US$9.17 billion) this year, and 5.8 trillion won (US$5.17 billion) of the total will be injected into memory chip enhancement, including DRAMs (Dynamic Random-Access Memory) and NANDs, while the rest will be used in less volatile system memory development. It is reported that Hynix's capital investment will reach approximately 3.4 trillion won (US$3.03 billion) in 2011, and the company also aims to accelerate the pace of switching to more advanced chip-manufacturing technologies.