Turning now to some big corporate news that should signal brighter times for the South Korean economy.<br />Samsung Group says it's setting aside tens of billions of dollars to support various sectors in South Korea over the next few years.<br />The goal is to create tens of thousands of new jobs for young people and provide a needed boost for future businesses at the heart of the 4th industrial revolution. <br />For more on Samsung's investment plans,... here's Seo Bo-bin. <br /><br /> Samsung Group announced on Wednesday that it plans to invest 1-hundred-60 billion U.S. dollars over the next three years, with 1-hundred-10 billion dollars of that investment to be allocated in Korea. <br /><br /> Twenty-two billion dollars of that investment will be focused on emerging industries, such as AI, fifth-generation networks and bio technologies. <br /><br /> Samsung also said it will directly hire around 40-thousand people over the next three years. <br />The company usually recruits between 20-thousand and 25-thousand new workers over that period, but plans to employ an additional 20-thousand employees to help create youth jobs and make a smooth transition to the 52-hour work week. <br /><br /> Samsung will also work closely with the Ministry of Small and Medium-sized Enterprises and Startups to invest ninety-eight million dollars over a five-year period to help 2-thousand-500 companies adopt smart factory solutions, which could help create about 15-thousand jobs over the next five years. <br /><br />Seo Bo-bin, Arirang News. <br />
