The numbers behind the big tech news.
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.