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Samsung pledges $22B to future of tech

Published 08/08/2018, 04:23 AM
© Reuters.  Samsung pledges $22B to future of tech
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  • The Samsung (KS:005930) Group will invest 25T won ($22B) over three years on artificial intelligence, 5G, auto-tech components and its biopharmaceutical business, with the bulk of spending earmarked for Samsung Electronics (OTC:SSNLF).
  • The news comes amid new research that Galaxy S7 smartphones are vulnerable to hacking (the devices were previously thought to be immune to a security vulnerability known as Meltdown).
  • Now read: Hedge Your U.S. Equities Portfolio With Emerging-Market ETFs


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