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Samsung unveils US$356bn investment

Samsung Group yesterday 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 spent over the past five years. The tech giant is South Koreaโ€™s largest conglomerate and its overall turnover is equivalent to one-fifth of the national GDP. Samsung Electronics Co, its flagship subsidiary, is ...
Soult Ukpyolsi South Korea United States South Korean Yoon Suk Yeol Joe Biden

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