• Samsung Just Unveiled a $22 Billion Plan to Pursue New Technology

    9 days ago - By Fortune

    Samsung Group said Wednesday that it planned to spend $22 billion to pursue new technology in areas like 5G mobile technology and artificial intelligence.
    The injection of money will be made over the coming three years and will be part of an overall $161 billion investment plan. That sum is 6% greater than the investment made by the South Korean conglomerate over the past three years, according to Reuters .
    The company said a substantial slice of the overall investment pie will be earmarked for South Korea itself, and that overall the investment will create some 40,000 new jobs. The plan...
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  • Seeking new growth drivers, Samsung plans $22 billion spending on new tech

    9 days ago - By Reuters

    Samsung Group will invest 25 trillion won in artificial intelligence, 5G mobile technology, electronic components for autos, and the biopharmaceutical business in pursuit of new growth areas, Samsung Electronics said on Wednesday.
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  • Samsung Group pledges $22 billion spend on new technology in push for growth

    9 days ago - By Reuters

    Samsung Group will invest 25 trillion won over three years in artificial intelligence, 5G mobile technology, electronic components for autos, and the biopharmaceutical business, Samsung Electronics said on Wednesday.
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