Samsung Electronics announces KRW 53.7 trillion capital expenditure plan

SEOUL, SOUTH KOREA: Samsung Electronics Co., Ltd. today announced its capital expenditure plan of approximately KRW 53.7 trillion for the period from January 1, 2023 to December 31, 2023, a document suggests. The company plans to invest in its key businesses, including memory, foundry, and display, to increase competitiveness and address future demand. The investment…

HARMAN launches AI-powered healthcare language model

HARMAN, a subsidiary of Samsung Electronics, has launched HealthGPT, a private language model (LLM) that uses generative AI to provide healthcare solutions. HealthGPT can help healthcare professionals, researchers, and institutions with advanced patient care, medical research, and decision-making. HealthGPT is based on a variety of healthcare data sets and has been tested for accuracy and…

Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. (Korean: 삼성전자; Hanja: 三星電子; RR: Samsung Jeonja; lit. “tristar electronics”) is a South Korean multinational electronics company headquartered in the Yeongtong District of Suwon.  It is the pinnacle of the Samsung chaebol, accounting for 70% of the group’s revenue in 2012. Samsung Electronics has played a key role in the group’s…