Tag Archives: Samsung Electronics

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Samsung to invest billions in AI, self-driving cars and new tech

South Korea’s Samsung Group on Wednesday said it would invest $22 billion over the next three years in cutting-edge technology including artificial intelligence, self-driving cars and biopharmaceuticals, as it searches for ways to drive future growth.

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Samsung Electronics profit dips as phone sales fall

Samsung Electronics said Tuesday its second-quarter net profit dipped slightly from a year earlier, with a fall in smartphone sales mitigated by strong demand for its memory chips.