Mobile > Samsung

Samsung is investing $356 billion in chips, biotech and AI

1 month ago   |   By Engadget

Many folks mainly associate Samsung with smartphones and TVs, but the company is looking at other parts of its business for long-term growth potential. In the five years to 2026, it will plow 450 trillion won into strategic areas, with a focus on things like semiconductors, biotechnology and artificial intelligence. This marks Samsung's largest investment pledge to date and it's an increase from a 240 trillion won commitment it made last August. The figure is 30 percent more than the 330 trillion won the company invested in itself over the previous five-year period. The Samsung Electronics...
Read more ...

 

Samsung Announces $355 Billion Investment In Semiconductor, AI & More

Samsung Announces $355 Billion Investment In Semiconductor, AI & More

1 month ago   |   By Android Headlines

Samsung has announced its Dynamic Innovative Growth plan for the next five years. The Korean conglomerate is planning a big investment in the semiconductor, biopharmaceutical, and AI industries. The company believes these industries will foster in the post-pandemic era.
In a press release , Samsung revealed that it will invest KRW 450 trillion in these “future businesses” through 2027. That's 36 percent more than the KRW 330 trillion it invested in the past five years.
According to the company, about 80 percent of its total investment would be made within its homeland South Korea. This...
Read more ...

 


Search by Tags

   Samsung      Smartphone      Tech      Consumer Discretionary      Site      Engadget      Provider      Name      Engadget      Region      US      Language      En-US      Author      Kris Holt      All News      Tech News  


Here are the free games hitting Xbox Games with Gold in July 2022

Here are the free games hitting Xbox Games with Gold in July 2022

Xbox has announced the four games that will be offered at no additional cost to Xbox Live Gold subscribers in July. Beasts of Maravilla Island - Available July 1st to... Read more ...

Xiaomi Redmi Note 11 gets Android 12 update

Xiaomi Redmi Note 11 gets Android 12 update

Xiaomi is seeding the Android 12 update for the Redmi Note 11 and Redmi Note 11 NFC for a limited number of users. The update, MIUI 13.0.2.0 SGCMIXM weighs 2.7GB and brings the... Read more ...

Spotify Will Let You Do Karaoke

Spotify Will Let You Do Karaoke

Listening to your favorite music is great and all, but it's more fun to sing along. Spotify is rolling out a new feature that will let you get in on the fun and sing your heart... Read more ...

IPhone users will be able to enjoy Wear OS 3 smartwatches

IPhone users will be able to enjoy Wear OS 3 smartwatches

Qualcomm has confirmed that Wear OS 3 smartwatches, starting with the Montblanc Summit 3, will be compatible with iPhones. Read more ...

Best Android games for Chromebooks 2022

Best Android games for Chromebooks 2022

These are the best Android games to play on your Chromebook! Read more ...

HTC unveils Desire 22 Pro ‘metaverse' smartphone

HTC unveils Desire 22 Pro ‘metaverse' smartphone

HTC's "metaverse" smartphone has finally been announced. Surprisingly, the company's device is of the mid-range variety and sports the oh-so-familiar 'Desire'... Read more ...

Canadian EA exec on the importance of inclusivity in gaming

Canadian EA exec on the importance of inclusivity in gaming

Electronic Arts is one of the biggest publishers in gaming, and Marija Radulovic-Nastic oversees a major part of the company's global business. As senior vice-president of... Read more ...

IPhone 13, Galaxy S22, Pixel 6 show Apple, Samsung, Google don't take...

IPhone 13, Galaxy S22, Pixel 6 show Apple, Samsung, Google don't take ultra-wide cameras seriously

Camera test shows that iPhone 14, Galaxy S23, and Pixel 7 - the world's top upcoming flagships, could come with bad ultra-wide cameras if Apple, Samsung and Google don't do... Read more ...

Nest Wifi vs. Google Wifi: Which should you buy?

Nest Wifi vs. Google Wifi: Which should you buy?

Google Wifi is a great value for building a simple mesh network but thanks to its higher speeds and the inclusion of a smart speaker, the Nest Wifi system makes the most sense... Read more ...

Canadians fret about ability to fill tanks this summer: study

Canadians fret about ability to fill tanks this summer: study

Drivers across Canada are worried they won't be able to afford gas this summer. A survey by Ipsos, prepared for Global News , found that 69 percent of respondents shared this... Read more ...