Samsung Launches Strategy And Innovation Center, Will Invest $1.1 Billion On Innovation Through Two Funds

Samsung announced today that it is committing to investments in new technology, with the launch of its new Samsung Strategy and Innovation Center (SSIC), as well as a $100 million commitment to a new Samsung Catalyst Fund, to fund development of components and subsystems. That?s all alongside the $1 billion that Samsung is investing through its Venture Americas Fund.

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mike trout