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Hi-Tech / Hardware

Samsung will create 700,000 jobs and will spend $ 160 billion over three years

IXBT.com fresh news all the sections together 08.08.2018 at 06:13

IXBT.com (http://www.ixbt.com) — specialized Russian information-analytical server, covering the hardware of personal computers, communications and servers, 3D graphics and audio, digital photo and video, Hi-Fi equipment and projectors, mobile phones and peripherals, gaming applications and more.

Today, Samsung announced their intentions to invest $ 160 USD in expanding production and creating new jobs over the next three years. So Samsung responded to the call of the government, sent to Samsung, which says that the Korean giant needs to play a key role in the development of the economy and creating new jobs.

Most of the investments will go on development of the most profitable divisions of Samsung Electronics, including semiconductors and displays. More than 22 billion dollars will be spent on future technologies, including artificial intelligence, networks of the fifth generation, unmanned driving and biotechnology.

Only in the economic development of South Korea, Samsung will invest more than 116 billion and create 700 000 jobs in the country. Over the past three years, the company has recruited 20,000 employees over the next three years it plans to hire twice as many employees, especially young professionals.

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