Iconic brand: A Samsung flag and the South Korean national flag flutter outside the Samsung building in Seoul. The company’s investment is part of a broader 180 trillion won package South Korea’s biggest business group is planning to spend over the period to create jobs and secure new growth areas. — AFP
SEOUL: Samsung Group will invest 25 trillion won (US$22bil) over three years in artificial intelligence, 5G mobile technology, electronic components for autos, and the biopharmaceutical business, Samsung Electronics said.
The investment is part of a broader 180 trillion won package South Korea’s biggest business group is planning to spend over the period to create jobs and secure new growth areas, as its core semiconductor and smartphone businesses weaken.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
