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Samsung, SK Reportedly to Invest $1.3 Trillion Over 10 Years

Samsung, SK Reportedly to Invest $1.3 Trillion Over 10 Years
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Samsung, SK Reportedly to Invest $1.3 Trillion Over 10 Years South Korea’s Samsung Group and SK Group are poised to announce as much as 2,000 trillion won ($1.3 trillion) of investments over the next decade as part of President Lee Jae Myung’s flagship industrial strategy, Korea Economic Daily reported Monday. The two groups are expected to unveil the package when their leaders present the plans at the presidential office on Monday, the newspaper said without saying where it obtained the...

Samsung, SK Reportedly to Invest $1.3 Trillion Over 10 Years South Korea’s Samsung Group and SK Group are poised to announce as much as 2,000 trillion won ($1.3 trillion) of investments over the next decade as part of President Lee Jae Myung’s flagship industrial strategy, Korea Economic Daily reported Monday. The two groups are expected to unveil the package when their leaders present the plans at the presidential office on Monday, the newspaper said without saying where it obtained the information. [Image text:] SECNOT KURANO 6VE8CN B1I37006 K4R M328RAGA0EB0- 6V SAMSUNG SEC407 K4RAHOY QXRC 6VEBCKM -V071 ZA2344 SEC407 5R18880 K4RAHO4 83133007 SEC407 H04
Samsung (ORG) SK (ORG) South Korea’s (LOCATION) Samsung Group (ORG) SK Group (ORG) Lee Jae Myung’s (PERSON) Korea Economic Daily (ORG)
Originally published by Bloomberg Technology Read original →