Samsung is about to spend an insane amount of money on 5G and AI investments

%name Samsung is about to spend an insane amount of money on 5G and AI investments by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Samsung’s appetite for attention-grabbing technology experiments like folding displays for tablets and smartphones has certainly garnered the South Korean-based tech giant tons of headlines over the past week or so. The company laid out its ambitions around that technology during its recent developer conference, with the plans including the launch of its much-anticipated foldable smartphone in March, starting with an initial production run of at least 1 million units.

Behind the scenes, meanwhile, Samsung is no less hungry to ramp up its efforts in other areas of technology it sees as potentially having a huge impact on its business down the line. Samsung has acknowledged its bet on foldable displays may ultimately not pan out, but the company over the next few years is also planning to spend a whopping $22 billion getting itself ready to be a leader in 5G and AI-related technology.

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Samsung is about to spend an insane amount of money on 5G and AI investments originally appeared on BGR.com on Thu, 15 Nov 2018 at 17:12:49 EDT. Please see our terms for use of feeds.

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