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The Korea Herald
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THE INVESTOR
March 29, 2024

Samsung

Samsung to fund 40 research projects in H1

  • PUBLISHED :April 06, 2017 - 16:05
  • UPDATED :April 06, 2017 - 16:05
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[THE INVESTOR] Samsung Electronics said on April 6 that will be funding 40 research projects in the first half of this year.

Since 2013, the Korean tech giant has operated a program that offers funds for research projects in three key fields -- basic science, material technology and information and communications technology.

Samsung plans to allocate a combined 1.5 trillion won (US$1.30 billion) during the 10-year program. So far, the company has supported 312 projects.

The newly designated projects include research into maintaining a healthy brain as people get older, which is being conducted by the Korea Advanced Institute of Science and Technology.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)

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