Samsung's IT and investment Samsung will invest around $22 billion, including for the development of artificial intelligence and 5G mobile technology. The South Korean group will invest 25'000 Won ($22 billion) over the next three years in artificial intelligence (AI), the 5G mobile technology, the automotive electronics, and the pharmacy. This investment is part of a global program of 180 trillion Won that the largest South Korean company wants to launch. It will have as consequences to create jobs and new growth vectors. Meanwhile, its main activities, the semiconductors, and smartphones are marking time. Samsung Electronics is the world's number of smartphones. The flagship group did not provide precise figures but said it would contribute the bulk of this investment.
Artificial intelligence and BioPharma
The group plans to significantly increase its AI research capacity. It will bring the number of researchers in its centers around the world to 1,000. And they will invest heavily in biopharmaceuticals. Samsung experiences strong growth in both licensed manufacturing and biosimilars. It will continue to invest heavily in these activities, including the development and manufacture of biosimilars. This is the biologic medical products copying the original ones. The action of pharmaceutical subcontractor Samsung BioLogics ended up 7.08% on the Seoul Stock Exchange. And one of the subsidiaries of computer services Samsung SDS took 5.83%. The title Samsung Electronics has finished up 0.21%. The three-year investment plan of 180'000 billion Won, which includes capital investment and investment in chip and screen research and development, represents a 6% increase over the group's expenditures. last three years.