SEOUL, March 19 (Reuters) – Samsung Electronics said on Thursday that it plans to invest more than 110 trillion won ($73.24 billion) this year in order to lead the semiconductor industry in artificial intelligence. The company said in a corporate filing that it was also seeking meaningful mergers and acquisitions for robots, medical technology, auto […]
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Samsung Elec plans over $73 billion investment in 2026 to lead in AI chip sector
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SEOUL, March 19 (Reuters) – Samsung Electronics said on Thursday that it plans to invest more than 110 trillion won ($73.24 billion) this year in order to lead the semiconductor industry in artificial intelligence.
The company said in a corporate filing that it was also seeking meaningful mergers and acquisitions for robots, medical technology, auto electronics and air-conditioning solutions.
($1 = 1,501.8100 won)
(Reporting by Heejin Kim and Hyunjoo Jin)