Samsung announces a record innovation drive, and weak S9 sales are to ‘blame’

  • Faced with the lackluster performance of its renowned mobile department due to this being a transitional year for its Galaxy S and Note lines, Samsung has apparently decided to go big or go home. It just announced an eye-popping amount that will go into future research, development and production projects that could make it a global electronics leader. How do $ 160 billion sound to you? That’s a “b” right there, and it’s the largest investment undertaking Samsung, or really any company of its rank, has ever dared to make.

    The money will pour into buzz …

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