Samsung. Televisions

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  • Samsung Group To Boost Investments To $41 Billion This Year

    boygeniusreport.com 4 weeks, 1 day ago

    Samsung Group, the parent company that owns Samsung Electronics and several other subsidiaries, said it plans to spend $41.1 billion investing in new technology this year. Reuters said most analysts expect the company to spend a large chunk of that money on OLED and mobile technologies in an effort to continue to stay on target with its rivals. The South Korea-based company uses its OLED displays on mobile phones and on televisions. “Samsung’s got strong cash flow to make bold bets in new technologies,” NH

  • Why Samsung Is Betting $41 Billion In Turbulent Times

    forbes.com 4 weeks, 1 day ago

    Even in technology ? an industry known for bold moves ? a one-year investment plan of $41 billion is breathtaking. ??Seldom meek, Samsung announced yesterday that it will be spending that sum this year ?in order to solidify its dominance in key businesses in the global market and to dominate new growth areas in advance.? ...

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