Samsung to fund 40 tech projects in H1

Samsung Electronics has selected 40 research projects that will be funded in the first half of this year. The initiative is in line with Samsung strategy to secure key technologies, Yonhap new agency reports. Since 2013, Samsung has operated a program which funds research in three fields, including basic science, material technology, and information communications technology. Samsung intends to invest KRW 1.5 trillion (approximately USD 1.3 billion) throughout the 10-year program. Samsung has already powered 312 projects.

The newly selected projects include research into the mechanism of maintaining a healthy brain as people get older which is being conducted by the Korea Advanced Institute of Science and Technology. Samsung is also supporting research into next-generation memory devices, along with knowhow to allow viewers to change TV screens through artificial intelligence.


Source: Samsung to fund 40 tech projects in H1 – Telecompaper

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