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Samsung Q1 investment in research and development surpasses previous records

May 4, 2020

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Recently, Samsung announced its financial results and marked some decrease in smartphone sales, most likely due to the ongoing coronavirus pandemic. However, SamMobile now reports that despite the decrease, Samsung has not given up on researching and innovating in the field of technology. Reportedly, the South-Korea-based tech giant has invested $4.37 billion in its research and development team for the first quarter of 2020.

Previously, Samsung’s R&D team received an investment of $4.34 billion in the last quarter of 2018, which the company considered a record and now, it’s breaking it, despite the challenging situation around the world.

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