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Samsung 5 years of research and development will invest $45 billion to hire 30 thousand R & D personnel

Samsung Group (SamsungGroup) 8, said that the next 5 years will invest 47 trillion won (about $45 billion) for research and development, and the recruitment of 30 thousand R & D personnel.

The group said in a statement, only through technological innovation to create and market leading enterprises in order to survive, if Samsung become a first-class company to achieve the goal, we must pay more attention to improve research ability, thus to further increase R & D efforts.

The focus of R & D investment plan is the largest subsidiary of Samsung Electronics Group, focus on the development of semiconductor and liquid crystal display business, establish chip or LCD factory new, each factory investment of about 2 billion ~30 billion dollars, is planning to build 8 production lines in the south of Seoul city. According to the plan can be seen, the scale of investment increased significantly over the last 10 years, 1995~2005 investment of 35 trillion won. Samsung said in a statement, the next few years will increase investment in shipbuilding, solid state light sources and alternative energy products.

Samsung Electronics currently accounts for about 60% of the group's total sales last year reached $75 billion, but also the highest degree of internationalization of the group of enterprises. Samsung Electronics announced at the end of September, a $33 billion investment in 7 years, creating 14000 new jobs last week, also said that in 2010 sales doubled, to about $160 billion, and the 20 kinds of products in the market share reached the world top level goal.

"Samsung" development is quite striking, in the industry data show that the current Samsung's R & D investment proportion of the annual sales of about 8%, in the past few years, Samsung made a substantial investment in the key parts of liquid crystal display panel and other digital products, mastered the core technology in the storage chip, liquid crystal panel and displays and other fields. And the advantage of extending to the mobile phone, personal computer, MP3 and other new digital products, through continuous introduction of new products, high-end brand positioning, in order to obtain higher profits, and increase investment in research and development, forming a virtuous circle. Samsung Group official said, in the South Korean economic downturn, a large number of capital outflows and domestic investment in the case of sluggish, Samsung Group's investment plans may play a positive role. Newspaper photographer / Wang Kai

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