Samsung Mulls Creating 80,000 New Jobs With $356 Billion Investment
LAHORE MIRROR (Monitoring Desk)– Samsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of new jobs over the next five years.
Despite an uncertain economic environment exacerbated by long-running supply chain issues and the war in Ukraine, the South Korean conglomerate said that it would invest 450 trillion won ($356 billion) through 2026, primarily in core businesses such as chipmaking and biopharmaceuticals. That marks a 30% jump from what it spent in the previous five-year period.