Samsung commits $356 bn in investments with 80,000 new jobs (US.SMSN) - 24 mai 2022
Samsung Group on Tuesday unveiled a massive 450 trillion won ($356 billion) investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.
The 80,000 new jobs would be created "primarily in core businesses including semiconductors and biopharmaceuticals" through 2026.The new plan represents a 36 percent increase in investment over its total investments over the past five years. Of the 450 trillion won Samsung plans to spend over the next five years, it will commit 360 trillion won to South Korea.
Samsung employs about 20,000 people within the United States and work is underway to build a new semiconductor plant in Texas, scheduled to open in 2024.