Samsung commits $356 bn in investments with 80,000 new jobs

Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.

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(FILES) This file photo taken on January 30, 2020 shows the Samsung flag (R) and South Korean national flag fluttering outside the company's Seocho building in Seoul. - Samsung Group on May 24, 2022 unveiled a massive 356 billion USD investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics. -- Photo: Jung Yeon-je / AFP

2022-05-24 10:37:09

Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.

The new figure is an increase of more than a third over its earlier plan announced last year.

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