Samsung boosts AI and 5G investments to 'lay the ground' for innovation

Samsung has said it will increase its efforts in AI and 5G to drive innovation across the South Korean tech giant's business. As the world's largest smartphone and memory chip manufacturer – along with being a key player in many consumer devices including TVs, washing machines, fridges, and more – Samsung has established itself as a tech leader. The convergence of powerful emerging technologies such as AI, IoT, and the cloud, have the potential to radically shake-up the industry and dethrone established players if they don't keep pace. Samsung has made clear it has no intention of giving up its castle. "In a hyperconnected society via 5G, AI and internet of things, a company that innovates user experiences will be a global business leader," said Koh Dong-jin, head of IT & mobile communications at Samsung, during an AI forum held at the company's Seoul R&D Center.