Categories: Tech

Samsung, investment plan of 360 billion over 5 years

Il Samsung Group presented a five-year investment plan from 360 billion dollars. 80% of the resources will go to Research & Developmentwith particular attention to the world of bio-sciences and the intent to expand activities in the semiconductor and chip sector.

Samsung has a $ 360 billion investment plan

Compared to the last five-year plan presented by the company, this time the figure goes up by a third. The goal is to compete in certain sectors that the Korean tech giant deems crucial for the near future. The amount spent would guarantee “long-term growth in strategic activities and would help to strengthen the global industrial ecosystem of crucial technologies “.

But according to the company, the impact on the labor market would also be very positive. In fact it would create 80 thousand new jobs in the main activities, including the semiconductor and bio-pharmaceutical sectors.

Part of these investments would contribute to mass production of the chips based on the 3 nanometer process, the next standard for increasing processor performance in a variety of areas. A strategic sector, as demonstrated by the recent visit of the American president Joe Biden to the factory of Pyeongtaekon the outskirts of Seoul, of Samsung Electronics. Samsung employs over 20,000 people in the United States and has recently begun construction of a plant in Texas for $ 17 billion.

The affiliates Samsung Biologics e Samsung Bioepis they would also receive a good amount of funds to develop biomedical technologies. Two sectors with which we often do not associate Samsung, which nevertheless has research laboratories and commercial activities in many innovative fields.

The investment plan will certainly bring a lot Samsung tech newson which we will keep you informed.

Published by
Walker Ronnie

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