The num­bers be­hind the big tech news.

APC Australia - - Contents -

SAM­SUNG PLANS TO SPEND BIG ON AI, AUTO TECH AND 5G BY 2020

While Sam­sung is fa­mous for be­ing the world’s num­ber one man­u­fac­turer for smart­phones and TVs, the com­pany’s re­cent an­nounce­ment will see it spend­ing big on ex­pand­ing its do­main into fu­ture tech. Up un­til and through­out 2020, Sam­sung has an­nounced that it in­tends to spend US$22 bil­lion on its ar­ti­fi­cial in­tel­li­gence, au­to­mo­tive tech­nol­ogy, and 5G cel­lu­lar net­work tech. Given these in­vest­ments, it’s likely we’ll see ben­e­fits across Sam­sung’s dif­fer­ent di­vi­sions, just as we’ve seen the com­pany’s dis­play panel man­u­fac­tur­ing lend­ing a big hand to its smart­phone team.

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