Samsung building 5 new R&D facilities. The price tag? $4.5 billion


Samsung is planning on constructing five new research and development facilities in South Korea over the next three years and will be dropping some $4.5 billion on the project.

In the works is a design-based research center set to open up shop in Seoul in 2015, which will cost the company some $1 billion, along with planned locations that will deal with materials and component development, display research and chip development.

Expending large chunks of cash on R&D isn’t unusual for Samsung. In 2012 the company spent roughly $10.5 billion on research and development.

Source: Engadget


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