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Samsung to invest $206 billion over next three years

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Reuters

SEOUL (Reuters) – Samsung Group will invest 240 trillion won ($205.64 billion) in the next three years to expand footprint in biopharmaceutical, artificial intelligence, semiconductor and robotics industries in the post-pandemic era, Samsung Electronics said. South Korea’s top conglomerate said on Tuesday the investments through 2023 are expected to help Samsung strengthen its global standing in key industries such as the chip sector, while seeking more growth opportunities in new fields such as next-generation telecommunications and robotics. Samsung Electronics, the world’s largest memory ch…

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