Samsung Elec plans over $73 billion investment in 2026 to lead in AI chip sector
FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
SEOUL, March 19 : Samsung Electronics said on Thursday that it plans to invest more than 110 trillion won ($73.24 billion) this year in order to lead the semiconductor industry in artificial intelligence.
The company said in a corporate filing that it was also seeking meaningful mergers and acquisitions for robots, medical technology, auto electronics and air-conditioning solutions.
($1 = 1,501.8100 won)
Source: Reuters
