Samsung confirms aggressive investment despite coronavirus

Tech giant confident it can take on TSMC and Apple in chips and smartphones

20200318 samsung top

Samsung moved its annual shareholders meeting from southern Seoul to Suwon due to coronavirus concerns. © Reuters

KIM JAEWON, Nikkei staff writer

SUWON, South Korea -- Samsung Electronics said Wednesday it will stick with its aggressive investment plans despite the coronavirus outbreak, while reassuring shareholders that it can compete on both technology and image with its main rivals in chips and smartphones.

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