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Samsung unveils global engine to accelerate innovation

2013-02-04 22:28:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has introduced its vision for a global engine to accelerate innovation and to drive new business creation for Samsung's Device Solutions businesses. The new Samsung Strategy and Innovation Centre (SSIC), new USD 100 million Samsung Catalyst Fund, USD 1 billion Samsung Ventures America Fund and Samsung's international R&D centres create a platform for igniting global innovation. Samsung Electronics will leverage these organisations in global innovation hotspots to create new businesses and build open ecosystems through research and development, investments, strategic alliances and M&A. Initial focus areas include cloud infrastructure, mobile privacy, Internet of Things, human interface and mobile health.

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