Published 2 years ago

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

Summary by Ground News

South Korea's top conglomerate Samsung Group announces a massive 450 trillion won investment blueprint for the next five years. The tech giant is South Korea's largest conglomerate and its overall turnover is equivalent to a fifth of the national gross domestic product (GDP) Samsung Electronics, its flagship subsidiary, is the world's biggest smartphone maker.

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The Hindu

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

Samsung SDI, the group's battery unit, and Stellantis, the parent company of Chrysler, are scheduled to announce their new battery plant in the U.S. state of Indiana on Tuesday.

2 years ago·India

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Moneycontrol

Samsung to spend $360 billion on chips, biotech over five years

The conglomerate -- whose units from Samsung Electronics Co. to Samsung Biologics Co. dominate Korea’s economy -- promised in a statement to create 80,000 jobs through 2026, mostly in semiconductors and biopharmaceuticals.

2 years ago·India

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Asia One

Samsung to invest $489 billion over 5 years in strategic sectors

SEOUL — Samsung Group will invest 450 trillion won (S$489 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said. South Korea's top conglomerate said on Tuesday (May 24) the investments through 2026 are expected to help Samsung drive long-term growth in strategic areas such as the chip sector, while pledging...

2 years ago·Singapore

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CGTN

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

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·Beijing, China

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BFM TV

Samsung Announces $356 Billion Investment Over Five Years

The South Korean tech giant also expects 80,000 job creations by 2026.

2 years ago·France

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Daily Sabah

Samsung earmarks $356B investment in strategic sectors over 5 years

South Korea’s top conglomerate Samsung Group on Tuesday announced a massive 450 trillion won ($356 billion) investment blueprint for the next five years...

2 years ago·Türkiye

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

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

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

Samsung to spend $360 billion on chips, biotech over five years

Samsung to spend $360 billion on chips, biotech over five years

Samsung to invest $489 billion over 5 years in strategic sectors

Samsung to invest $489 billion over 5 years in strategic sectors

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

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

Samsung Announces $356 Billion Investment Over Five Years

Samsung Announces $356 Billion Investment Over Five Years

Samsung earmarks $356B investment in strategic sectors over 5 years

Samsung earmarks $356B investment in strategic sectors over 5 years

Coverage Details

Bias Distribution

Ownership

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