Korean technology giant Samsung has said it will invest $22m over the next three years into four exciting growth areas, including AI, 5G networks, components for next generation cars and bio-pharmaceuticals. While Samsung's semiconductor chip business continues to thrive, a global decrease in the smartphone market weakened its recent quarterly profit growth. The conglomerate believes this injection of investment will create around 40,000 new jobs, with the number of researchers at their AI centres across the UK, Canada, Russia and the US reaching 1,000.
South Korean technology giant Samsung has said it will invest $22m over the next three years into four exciting growth areas, including AI, 5G networks, components for next generation cars and bio-pharmaceuticals. While Samsung's semiconductor chip business continues to thrive, a global decrease in the smartphone market weakened its recent quarterly profit growth. The conglomerate believes this injection of investment will create around 40,000 new jobs, with the number of researchers at their AI centres across the UK, Canada, Russia and the US reaching 1,000.