Samsung plans to invest $205 billion in three years, hire 40,000

Samsung Group has unveiled a 240-trillion won ($205-billion) expansion that will entail hiring 40,000 people over three years, a sprawling investment blueprint intended to build the South Korean conglomerate’s lead in next-generation technologies.
 
Samsung Electronics and affiliates such as Samsung Biologics aim to lead research and spending in areas from telecommunications and robotics to corporate acquisitions. The country’s largest conglomerate is setting aside 180 trillion won for its home country alone and now aims to hire another 10,000 people over the period, on top of 30,000 new jobs already planned, the group said in a statement. Samsung Electronics’ shares