New Delhi, May 11 :     Samsung and LG Electronics, the two Korean chaebols with a large presence in India, have decided to jump on the infotech bandwagon. Samsung will set up a 100 per cent subsidiary to manufacture and market telecom and infotech products. LG, on the other hand, is planning to hive off its dotcom venture into a separate arm. Samsung Electronics has invested $ 10 million in Samsung Electronics India Limited, its fully owned Indian subsidiary which will manufacture infotech and telecom equipment. The parent will bring in $ 6 million to the new venture while Samsung's operations in India will contribute the rest. LG Electronics, another big name in the white goods market, is also working on big plans for business in cyberspace. Moves are afoot to spin off www.lgezbuy.com, its online mall, into a separate company.