Samsung Electronics Co., South Korea's largest electronics manufacturer, ranked second in last year's R&D spending

Samsung Electronics Co., South Korea's largest electronics manufacturer, ranked second in last year's R&D spending, falling from the top spot of the previous year, a survey from the European Union (EU) showed Friday.

According to the 2019 version of the EU Industrial R&D Investment Scoreboard, which evaluated the world's top 2,500 firms, Samsung invested € 14.8 billion (US$ 16.4 billion) on R&D activities....