Samsung to invest $356b over five years to push up growth in strategic sectors

Samsung to invest $356b over five years to push up growth in strategic sectors

Samsung BioLogics Co. signage is seen behind medicine bottles on display at the company's headquarters and production facilities in Songdo district in Incheon, South Korea, on Wednesday, April 19, 2017. Photographer: SeongJoon Cho/Bloomberg

Samsung Group will invest 450 trillion won ($356 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said.