Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics. | Fin24
The Samsung logo on the window of one of the South Korean company's offices in Gangnam, central Seoul.
The 80 000 new jobs would be created"primarily in core businesses including semiconductors and biopharmaceuticals" through 2026. It will also invest heavily in biopharmaceuticals with its affiliates Samsung Biologics and Samsung Bioepis in the field. Of the 450 trillion won Samsung plans to spend over the next five years, it will commit 360 billion won to South Korea.
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