Samsung announced the largest-scale investment plan of more than 200 billion USD

Samsung focuses on investing in three strategic businesses including semiconductors, biopharmaceuticals and artificial intelligence, and will employ 40,000 employees in the next three years.

Samsung Electronics’ headquarters in Seoul, South Korea, August 10, 2021. (Photo: Yonhap/VNA)

According to the Vietnam News Agency correspondent in Seoul, Samsung Group on August 24 announced the largest investment plan ever with 240,000 billion won (US$205.7 billion) in three strategic business segments including quality and service. semiconductors, biopharmaceuticals and artificial intelligence, and on hiring 40,000 employees over the next three years.

Specifically, Samsung will focus on the semiconductor chip field with about 150,000 billion won ($128.6 billion) in 3 years to maintain its position as the current “Memory chip manufacturer” and develop the semiconductor chip business. systems, including consignment manufacturing and chip packaging (Foundry).

In addition, the group will also invest more than 20 trillion won ($17.14 billion) in the biological fields, including the biopharmaceutical manufacturing business (CDMO) or the information technology sector. New growth includes next-generation telecommunications networks (5G, 6G), artificial intelligence (AI), robotics, and supercomputers.

Along with investing in the above strategic businesses, Samsung also decided to directly recruit 10,000 more employees compared to the original 30,000 people plan to create jobs in the country and consider this as a measure to solve the problem. youth unemployment in the context that the global economy is still in crisis due to the prolonged COVID-19 epidemic.

The above plan of Samsung Group is designed to help the company proactively adapt to rapid changes in industrial and social fields in the post-Covid-19 era.

Samsung stated that with its bold investment in strategic business areas and innovation, Samsung will seek to recruit young people and support SMEs, thereby fulfilling its obligations to as a responsible business.

According to Vietnam+

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