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Samsung Electronics tops R&D investment list, spending 13.4 bil. euros in 2017: EU report

2018-12-12 34 Dailymotion

Samsung Electronics was the largest research and development spender in the world last year.<br />According to the 2018 EU Industrial R&D Investment Scoreboard, the South Korean tech giant invested more than 15 billion U.S. dollars for R&D in 2017.<br />That amounts to an eleven-and-a-half percent increase compared to the previous year.<br />Samsung was followed by Google's holding company Alphabet and German auto giant Volkswagen.<br />It's the first time the South Korean company has taken the top spot since the data was first compiled in 2004. <br />

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