Samsung Electronics spent a total of 5.36 trillion won in research and development in the first quarter, surpassing its previous record of 5.32 trillion won in the fourth quarter of 2018.
The amount accounted for 9.7 percent of the company's first-quarter sales, slightly growing from the same period last year.
Samsung had been spending more than 5 trillion won in the R&D sector per quarter since late 2018, with the exception of the final quarter of 2019, when when the tech giant suffered a downcycle in the semiconductor market.
R&D spending was pushed to 20.19 trillion won last year, exceeding the 20 trillion won mark for the first time.
Amid the COVID-19 pandemic, Samsung intends to maintain its quarterly R&D investment, targetting over 20 trillion won throughout the year.
According to Samsung's chairman of the semiconductor division, Kim Ki-nam, the company will consistently invest in technologies to widen the gap with competitors despite the pandemic.
Samsung plans to invest 133 trillion won on their system-on-chip business by 2030, and 13 trillion won on a quantum-dot display by 2025.


Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Washington Post Publisher Will Lewis Steps Down After Layoffs
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 



