We probably don't need to write here that Samsung is one of the biggest technological innovators in the world. But even a company like Samsung cannot afford to rest on its laurels, even for a moment, because - as they say - the competition never sleeps. In order to maintain its position in the near future, the Korean giant intends to invest more than 200 billion dollars in various segments of its business.
Specifically, Samsung wants to invest approximately 206 billion dollars (just under 4,5 trillion crowns) in the next three years in sectors such as artificial intelligence, biopharmaceuticals, semiconductors and robotics. The giant investment is to prepare the company for a leading role in the post-pandemic world.
Samsung did not specify the exact amounts it plans to "pour" into the above areas, but reiterated that it is considering mergers and acquisitions in order to consolidate technologies and gain market leadership. The Korean giant currently has over 114 billion dollars (roughly 2,5 trillion crowns) in cash available, so buying new companies would not be the slightest problem for him. According to unofficial reports, it is primarily considering acquisitions of companies producing semiconductors for cars, such as NXP or Microchip Technology.
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