Samsung has agreed to build 600 smart factories for the Korean government to support small to medium-sized business in Korea. Samsung Electronics has been conducting business to expand smart factories for SMEs in North Gyeongsang Province since the beginning of the year," the global technology center President Kim Jong Ho says. The South Korean company will also invest more than 100 billion won ($11.8 million) into its manufacturing and research facilities over a period of five years.
Samsung has agreed to build 600 smart factories for the Korean government to support small to medium-sized business in Korea. The South Korean company will also invest more than 100 billion won ($11.8 million) into its manufacturing and research facilities over a period of five years.