Published 2 years ago

Samsung commits US$356 billion in investments with 80,000 new jobs

Summary by Ground News

The new figure is an increase of more than a third over its investments spent over the past five years. The tech giant is South Korea's largest conglomerate and its overall turnover is equivalent to one-fifth of the national GDP. The 80,000 new jobs would be created in core businesses including semiconductors and biopharmaceuticals.

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Times of India

Samsung commits $356 billion in investments with 80,000 new jobs

Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.

2 years ago·India

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Reuters

Samsung invests $356 billion in strategic fields over five years, semiconductors, etc.

[Seoul 24th Reuters] - Samsung Group will invest 450 trillion won (356 billion dollars) over the next five years to accelerate the growth of next-generation technologies such as semiconductors and biopharmaceuticals. Samsung Electronics made it clear on the 24th. We aim for long-term growth in strategic fields such as semiconductors. In the biopharmaceutical business, we will actively invest in it to achieve the same success as the semiconductor…

2 years ago·United Kingdom

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CNN

Samsung plans to create 80,000 new jobs with $356 billion investment

Samsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of new jobs over the next five years.

2 years ago·Atlanta, United States

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The Star Kuala Lumpur

Samsung to invest $356 billion over five years in strategic sectors

SEOUL (Reuters) - Samsung Group will invest 450 trillion won ($356 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said.

2 years ago·Malaysia

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Channel News Asia

Samsung commits US$356 billion in investments with 80,000 new jobs

SEOUL: Samsung Group on Tuesday (May 24) unveiled a massive 450 trillion won (US$356 billion) investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics. The new figure is an increase of more than a third over its investments sp

2 years ago·Singapore

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KVIA

Samsung plans to create 80,000 new jobs with $356 billion investment

By Michelle Toh, CNN BusinessSamsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of new jobs over the next five years.Despite an uncertain economic environment exacerbated by long-running supply chain issues and the war in Ukraine, the South Korean conglomerate said that it would invest 450 trillion won ($356 billion) through 2026, primarily in core businesses such as chipmaking and …

2 years ago·Panama City, United States

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