SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › Manufacturer › Samsung announces investment of 22 billion US dollars for innovation
  • 0

Samsung announces investment of 22 billion US dollars for innovation

SemiMediaEdit
August 9, 2018

On August 8, Samsung Group announced that it will invest more than $22 billion in fields such as artificial intelligence, automotive electronics and 5G cellular technology in the next three years, hoping to seek new growth drivers beyond mobile phones and memory chips. At the same time, Samsung said that these investments will directly bring 40,000 jobs in the next three years.

In fact, Samsung has taken practical actions in the field of automotive technology, such as the announcement of the acquisition of Harman International Industries for $8 billion at the end of 2016 and the launch of a $300 million automotive technology investment fund in 2017.

In terms of AI, Samsung opened new research centers in Cambridge, Toronto and Moscow in May. It is planned to build an internal team with at least 1,000 AI engineers and researchers by 2020. At that time, Samsung hopes to integrate AI functions and Internet connectivity into all of the company's products.

According to informed sources, Samsung’s actual leader Lee Jae Yong has made innovation the top priority of the entire group. From the perspective of the announced investment strategy, Samsung has set its main market direction for future, but whether it will become an international giant like its mobile phone and semiconductor business remains to be verified.

Related

Electronic component news SAMSUNG
Cypress will discuss its development strategy on August 13
Previous
Yageo: Only 1/3 of the customer’s MLCC demands can be supplied currently
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Mouser Electronics expands to the Philippines with local customer service center
Qualcomm ranked first in the world's top ten IC design companies
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Renesas launches new inductive position sensor ICs and online design tool to boost industrial sensing innovation

Renesas launches new inductive position sensor ICs and online design tool to boost industrial sensing innovation

October 17, 2025
0
Samsung regains top spot in global memory chip market in Q3, driven by strong DRAM and NAND demand

Samsung regains top spot in global memory chip market in Q3, driven by strong DRAM and NAND demand

October 17, 2025
0
Vishay Unveils 50 W AEC-Q200 Thick-Film Resistor for Automotive Power Applications

Vishay Unveils 50 W AEC-Q200 Thick-Film Resistor for Automotive Power Applications

October 16, 2025
0
ROHM launches new smart switches to enhance automotive zonal controller safety

ROHM launches new smart switches to enhance automotive zonal controller safety

October 8, 2025
0
1
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator