Chasing new growth drivers, Samsung to invest $22b in AI, 5G, biopharma

Chasing new growth drivers, Samsung to invest $22b in AI, 5G, biopharma

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, August 25, 2017. REUTERS/Kim Hong-Ji

Samsung Group will invest 25 trillion won ($22 billion) in artificial intelligence, 5G mobile technology, electronic components for autos, and the biopharmaceutical business in pursuit of new growth areas, Samsung Electronics said on Wednesday.

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