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01 Apr, 2020
Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals
Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..
Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target
Samsung Electronics Co Ltd announced its slowest quarterly profit growth in over a year on Tuesday as its Galaxy S9 device missed its sales targets.However, the company explained in the announcement that it plans to come out with innovative technolo..
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Samsung Shares Fall
On Monday, Samsung announced shares dropping more than 4% which marked a one-month low after Morgan Stanley cut their recommendation on the tech giant due to concerns over increasing sales in memory chips that is likely to rise soon. The company rep..
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Samsung Looking into Autonomous Driving
Samsung Electronics Co Ltd has announced plans to diving into autonomous driving after their recent $8 billion acquisition of Harman. Well known for their audio speakers, Harman’s 65% of sales derives from their automotive business, on bo..
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