Samsung to spend $4.5 billion on new R&D centers

Andre Yoskowitz
5 Jul 2013 22:41

The world's largest phone maker, Samsung, will be spending a huge sum to upgrade their R&D capabilities.
Samsung will be building five new R&D centers around Korea over the next three years, spending $4.5 billion to do so.
One research center, to open in Seoul in late 2015, will house 10,000 employees all focusing on design.
Besides design, the centers will also specialize on material and component development, as well as chips and display.
Samsung is known to invest top-dollar in R&D, spending $10.5 billion in 2012, alone.

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