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Samsung announces KRW 25 trillion investment plan to boost growth businesses

2018-08-08 09:28:00| Telecompaper Headlines

(Telecompaper) Samsung announced plans to boost investments in businesses expected to drive its future growth. The company will spend KRW 25 trillion (EUR 19.2 billion) over the next three years, primarily led by Samsung Electronics, in the areas of artificial intelligence, 5G, automotive electronics components and biopharmaceuticals. In addition, the company will expand its venture capital investments to identify promising new businesses and technology. 

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