May 20, 2024

Samsung to make investments far more than $22 billion in AI, 5G and long term tech

Samsung to invest $22 billion into new growth areas like A.I. and 5G

Samsung is placing far more than $22 billion towards synthetic intelligence, 5G networks, biopharmaceuticals and digital automotive elements more than the following 3 a long time.

Samsung aims to direct attempts to foster a lively ecosystem for improvements and development, leveraging its technological innovation and many years of encounters in generating profitable organizations,” the company said in a statement Wednesday. Samsung did not right away react to a ask for for additional remark.

Samsung to invest  billion into new growth areas like A.I. and 5G

In addition, the business will also increase C-Lab, its inner enterprise incubator and assistance 500 assignments.

Samsung projects that the investment decision will direct to the generation of 40,000 work more than the 3 a long time.

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