Samsung said it plans to directly employ 40,000 employees over the next three years, hovering above the company's average employment of roughly 25,000 over the past three years.
Samsung has a reputation for forging ahead with investment even when competitors brace for a slowdown, a strategy that's helped it emerge as the world's biggest chipmaker after surviving one crunch after another.
To expand its AI capability, Samsung will be increasing the number of researchers to 1000 across its global AI centres in the UK, Canada, Russia, US and South Korea.
"Samsung aims to become a leader in electronics components for future cars such as system-on-chips for autonomous driving, utilizing its leadership in semiconductors, telecommunications and display technologies. It will continue to invest heavily in the businesses, including developing and manufacturing biosimilars", the statement said.
The South Korean tech giant said it made a decision to expand investment to revitalize the national economy and foster new growth engines. (Nasdaq: QCOM). Under its latest plans, it is to channel more spending into its manufacturing hubs, including its facility in Pyeontaek, and increase investments in the production of memory chips, non-memory equipment and advanced manufacturing equipment.
Samsung has confirmed that it's going to invest over $20 billion in new growth areas over the next three years. The new investment plan follows the overhaul of the group's management at the end of 2017 and comes in the face of slowing sales at its biggest earner in recent years, smartphones. Those areas are seen as Samsung's new growth engines.
The announcement sent shares in contract drugmaker Samsung BioLogics (207940.KS) up 7 percent.
Lee was released from jail earlier in 2018 after a year in detention on bribery charges, lifting hopes among some investors that Samsung will hike investments and create jobs.
Investors greeted Wednesday's news with cautious optimism, with Samsung Electronics' shares rising 0.21 per cent to close at 46,800 won.
North Korean foreign minister, Ri Yong Ho, visited Iran as the United States reintroduced sanctions against the Islamic Republic. Trump said Tuesday that anyone doing business with Iran will not be allowed to maintain business ties with the United States.
Under cross examination, she said at the time she believed Manafort was directing Gates' actions and "knew what was going on". They aimed to show jurors how that money flowed from more than a dozen shell companies used to stash the income in Cyprus.
If Balderson loses, the race could reflect on Trump's popularity in the Midwest before the November midterm elections. Hours before the president touched down in OH he took to Twitter to attack former Cavaliers superstar LeBron James.
But as has been the case most of the week, it's not the heat but rather the humidity that makes it rather unbearable outside. Daily high temperatures should swell to the 80s and perhaps near 90 by the weekend; nightly numbers will settle to the 70s.
Sonic the Hedgehog is scheduled to start filming this year, with a planned release date of November 15, 2019 . And now he's getting his own movie, and the actor who will voice the speedy, blue hero has been revealed.
Thomas will take a lead of 1 minute, 51 seconds into Sunday's final stage to Paris, which is traditionally a procession. For Thomas' fans in Wales, the feat is just as monumental. "All the interest of Cardiff is nuts.
The filmmaker on Friday announced that actress Priyanka Chopra has opted out of the Salman Khan starrer for a very special reason. But while Priyanka was in the USA , she kept getting news about other actors getting added to the cast.
The NYPD tweeted that it was searching the waters for any additional victims - a process that continued late into Sunday night. Diana Campbell took video and photos of the scene, hoping the images would be helpful in identifying the infant.
For the rest of the week, Trump was uncharacteristically silent - until Friday night, when he finally shot back. Screw that! Lebron James has an huge influence, and I like the fact that the President punches back.
He said Iran had "always welcomed negotiations", but that Washington would first have to demonstrate it can be trusted. Under the 2015 agreement, Iran agreed to curbs on its nuclear program in return for the lifting of economic sanctions.
That prompted concern among American companies that retaliation might expand to disrupting their operations in China. But they have rejected changing technology development plans they see as a path to prosperity and global influence.
Chinese authorities - bracing for economic fallout - have taken a range of measures in recent weeks to bolster the economy. Secretary of Transportation Elaine Chao at China's Ministry of Transport in Beijing, China April 27, 2018.
As she described how the man's bags were being removed from the flight, a round of applause broke out and Ersson started to cry. The student then turned to fellow passengers and told them why she was standing up against the deportation.
This commercial satellite image shows North Korea's Sanumdong missile assembly facility south of Pyongyang on July 7. In that address, the North Korean leader was unequivocal about what was next, they say.
The tax and bank fraud trial represents the first test of Mueller's ability to win a conviction of a former Trump aide. Manafort has pleaded not guilty. "This case is about taxes and trust", defence attorney Thomas Zehnle told jurors.
He last fought inside the Octagon back in 2016 at UFC 2015, when he captured the lightweight title after defeating Eddie Alvarez . What do you think of Conor McGregor's punishment? Today's proceedings will not affect McGregor's ability to travel to the US.
Some will be presented during commercial breaks at the Dolby Theatre, with the key moments being edited into the broadcast later. Interested in Oscars? Add Oscars as an interest to stay up to date on the latest Oscars news, video, and analysis from ABC News.
Samar Badawi and Sadah were arrested last week in what global human rights groups called a crackdown on dissent in Saudi Arabia. In response, some Twitter users hit back by pointing out Saudi Arabia's repression of its own Shia Muslim population.
However, his administration's report on Thursday projects that relaxing mileage standards would cost 60,000 auto jobs by 2030. The states that have adopted California's emission rules together make up about one third of the U.S. auto market.
Unai Emery recently became Arsenal's manager . "They're more defensive, and not allowing goals , which is good". It made for an interesting encounter, with Arsenal exhibiting numerous ways of beating the press.
The pop star is now in the hospital, recovering from a drug overdose she suffered last week, and subsequent complications. Cape Town - Demi Lovato has reportedly agreed to enter rehab after allegedly overdosing on opioids.
HUD announced in November 2016 that all federally-owned public housing must be smokefree by July 30, 2018. Residents are fuming at the new policies stating it's not fair they will be monitored in their homes.
It said in a statement the supplies are "a small but important contribution to the increasingly dire medical situation" in Gaza. Freedom Flotilla was intercepted by the Israeli navy on Sunday afternoon approximately 70 from the Gaza Strip shore.
Twitter's relations with advertisers have been strained by concerns about phony accounts bought by users to boost their following. To Twitter's credit, the dwindling user base is partially due to its own measures to battle spammy and malicious accounts.