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Electronics

Samsung to invest $356bn over five years in strategic sectors

South Korean conglomerate targets long-term growth in chips, biopharmaceuticals

South Korean conglomerate Samsung Group says it will invest hundreds of billions of dollars through 2026 to speed up growth.   © Reuters
| South Korea

SEOUL (Reuters) -- Samsung Group will invest 450 trillion won ($356 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said.

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