The Samsung conglomerate said it will invest more than $22 billion over the next three years to target areas such as artificial intelligence and auto-tech components as it hunts for new growth drivers beyond phones and memory chips. The bulk of the spending will be earmarked for Samsung Electronics Co., the conglomerate’s crown jewel and the world’s No.

1 maker of smartphones, semiconductors and televisions. The company said it would invest heavily in four key areas through 2020: auto tech; artificial intelligence; and new… Read more from wsj.com…

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