Technology companies are trying to invest as much as possible in research and development despite the unfavorable market and surrounding conditions. One of them is the South Korean Samsung, which has already broken the record several times this year and even boasted that it invested over 14.3 billion dollars in the three quarters of this year alone, which is 541 million more than in the same period last year. In the context of income and expenses, this means that the South Korean giant spends roughly 9.1% of its total annual sales revenue on research and development. And while it might seem like Samsung is slowing down a bit given the ongoing volatility, the opposite is true. The initiative clearly shows that the company will continue to invest massively. Especially to your own chips and innovative solutions.
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However, this is not the only record that you have Samsung can be credited to his account. He also "earned his credit" in the patent segment, publishing a total of 5000 in the third quarter alone. However, this figure only applies to South Korea, in the United States the figure has risen to an astronomical 6321 patents in the last three months alone. And no wonder, Samsung is continuously expanding its portfolio and trying to engage not only in its own research, but also to cooperate with corporate partners such as Deutsche Telekom, Tektronix Hong Kong and others. The only missing link is the loved and hated Huawei, for understandable reasons. In the same way, the South Korean giant also supports the creation of new jobs, which is evidenced by the fact that the total number of employees of the company grew to a record 108, i.e. 998 more than at the beginning of the year.
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