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Samsung steps up investment for future growth, to boost AI, 5G, automotive electronics – Back End News
Samsung recently announced plans to boost investments in businesses that will drive its future growth, committing to a KRW 25 trillion or around $22.4billion investment over the next three years, primarily led by Samsung Electronics, in the areas of artificial intelligence (AI), 5G, automotive electronics components, and biopharmaceuticals.
Samsung also announced a set of initiatives to become a leading force in building and energizing the ecosystem of innovative businesses for the digital economy. By drawing on its well-established expertise in technology and start-up investments, Samsung will open up its venture incubation program to both external and internal start-up projects and provide software training.
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