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Samsung Elec Plans over $73B Investment in 2026 to Lead in AI Chip Sector

SEOUL, March 19 (Reuters) - Samsung Electronics (005930.KS), opens new tab said on Thursday that ​it plans to invest more ‌than 110 trillion won ($73.24 billion) this year in research and development ​and facilities in a bid ​to lead the semiconductor industry ⁠in artificial intelligence.

The South Korean ​company also said in a corporate ​filing that it was pursuing meaningful mergers and acquisitions in areas including robots, ​medical technology, auto electronics ​and air-conditioning solutions.

Last year, Samsung, which is ‌the ⁠world's biggest memory chip producer, said it invested a total of 90.4 trillion won, ​including 52.7 ​trillion ⁠won in capital expenditure and 37.7 trillion ​won in research and ​development.

Samsung ⁠added that it plans to pay 9.8 trillion won in ⁠regular ​dividends for 2026.

($1 = ​1,501.8100 won)

Reporting by Heejin Kim, Hyunjoo Jin, ​Heekyong Yang; Editing by Ed Davies

Source: Reuters


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