Samsung, LG set to spend record amount on R&D this year
Aug 18, 2017
South Korea's major electronics firms -- Samsung Electronics Co. and LG Electronics Inc. -- are expected to allocate a record-high investment to research and development projects this year, industry watchers said Friday.According to the sources, Samsung Electronics invested 7.9 trillion won ($6.9 billion) in research projects over the first half of 2017, up 5.7 percent from a year earlier. (Yonhap)As South Korea's No. 1 tech giant plans to maintain such investment to secure new growth engines, i