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Monday, 4 May 2020

Samsung invests 10% of revenue in R&D for Q1 2020, sets new record

Samsung announced its quarterly results last week, and today it revealed how much of the income is going back into research and development activities. Quoted by Yonhap Agency, Samsung has spent KRW5.36 trillion (around $4.36 billion) on R&D only between January and March 2020. The investment has surpassed the previous internal record of KRW5.32 trillion, which was set back in Q1 2018. The figure Samsung reported equals 9.7% of its sales in total, slightly more than the 9.6% investments twelve months ago. Samsung has managed to smash another record in the R&D field as well - most...



from GSMArena.com - Latest articles https://ift.tt/35vkGak
Author: via Bestsoftpro

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