SAMSUNG ELECTRONICS SPENT THE HIGHEST ON R&D – 2019

Highlights –

• Record high amount spent on research and development
• Operating profit and sales fall
• Plans on spending $148 Billion over the next three years

South Korea’s tech giant, Samsung Electronics Co. spent record-high $16.6 Billion in research and development last year, although it performed at its worst in four years due to the sluggish chip business.<....