Samsung invests billions in 5G and AI

INSUBCONTINENT EXCLUSIVE:
shipments fell 10.8 per cent to 70.8 million during the most recent quarter as the Samsung Galaxy S9 failed to fend off competition from the
likes of Huawei.Samsung 5GThis still gives it a market share of 20.6 per cent, but even Samsung acknowledged in its results that sales of
plans to become a leader in the market for 5G chipsets while also ensuring it is in position to capture demand for new applications in
autonomous cars, the Internet of Things (IoT) and robotics that will be enabled by next generation networks.In addition to components for
devices, Samsung also sees 5G as a chance to transform its network equipment division into a major player that can compete with Ericsson,
Huawei and Nokia
It has been involved in trials of Fixed Wireless Access (FWA) broadband with Verizon in the US and with Orange in Romania among others.There
are plans to increase the number of advanced AI researchers at its AI centres to 1,000 while there will also be an expansion of its
semiconductor manufacturing capabilities to cope with demand for AI, 5G, data centre and connected car components.In total, Samsung expects
to create 40,000 jobs over the next three years.