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General

Samsung revises spending plan

Friday 16 August 2013 | 01:42 CET | News
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Samsung will spend KRW 1.5 trillion over ten years to support economic growth in the country. The Samsung Research Foundation will invest KRW 500 billion in supporting research and development in basic science and KRW 1 trillion will be invested in ICT and materials engineering, Yonhap News writes. Earlier, Samsung said it would establish a KRW 1.5 trillion foundation but has changed this plan in consultation with the Ministry of Science, ICT and Future Planning.

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Categories: General
Companies: Samsung
Countries: Korea, Republic of
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