Samsung Electronics plans over $73 billion investment to lead in AI chip sector

Samsung ​Electronics said ​on Thursday that it plans ‌to ⁠invest ⁠more than ​110 trillion won ($73.24 billion) ​this year in order ​to ⁠lead the ‌semiconductor ​industry ​in ⁠artificial intelligence.

The company said in ​a corporate ​filing that it was also seeking ‌meaningful mergers and acquisitions ​for ​robots, ⁠medical technology, auto electronics and air-conditioning ​solutions.