Samsung invests $22bn in AI and 5G

INSUBCONTINENT EXCLUSIVE:
network equipment by 2020 according to the head of its networking business.During WSJ's D.Live event in California, President and head of
the Korean company's network business Youngky Kim told a panel that the next-generation network will unlock AI's potential as he described
currently in fifth place after Huawei, ZTE, Ericsson and Nokia
However, recent bans from the US and Australia on using Huawei's equipment have provided the Korean tech giant with an opening to expand in
the countries that Chinese vendors no longer have access to due to security concerns.Even in Samsung's home country of South Korea, two of
the three major telecoms have excluded Huawei from its preferred bidders.Kim also revealed on stage that the company's 5G network will first
be deployed in its semiconductor factory in Austin
While 5G will likely see its commercial release next year, clients are deploying the new network standard earlier in the enterprise.Via
ZDNet