Samsung research and development costs

Research and Development Costs of Samsung Electronics 2007-2018

Samsung data & stats

The following table shows the research and development costs of Samsung Electronics between 2007 and 2018.

YEAR R&D COSTS (Trillion KRW)
2018.18.7
201716.8
201614.8
201514.8
201415.3
201314.8
201211.9
20119.9
20109.1
20097.4
20087
20076.1

Year 2018 – R&D costs of Samsung reached 18.7 Trillion Korean Won.

Year 2017 – Samsung is an innovative  brand that has managed heavy focus on R&D since its foundation. The number of total R&D sites owned by Samsung has reached 35 in 2017. Its R&D expenses reached 16.8 Trillion KRW  or around 15 Billion dollars rising from 14.8 Trillion KRW or 13.2 Billion dollars (approx.), the previous year.

 About Samsung Electronics:

Samsung Electronics is an innovative South Korea based electronics company that deals in a broad range of products including Consumer electronics, IT & Mobile Communications, Device solutions semiconductor and Device solutions display. Samsung has a global presence and its operation network includes 217 worldwide operation hubs that include its headquarters in Suwon, South Korea. The brand also operates 15 Regional Offices in Korea, North America, Europe, Southeast Asia, Africa and other regions of the world. A leader in chip making and consumer electronics, the focus of Samsung is on sustainable innovation. Apart from that the brand has also brought a nice range of cyber security products and services to cater to the growing needs of cyber security. In the recent years, Samsung has enjoyed superior financial growth driven by growth in the sales of IT and mobile solution products, semi conductors and displays.   recently it acquired Harman, a US based auto electronics and audio maker as well as Dacor, a  US based high end kitchen appliances maker. During the past two years, it has also made major investments in IoT. 

Sources:

Samsung Annual Reports

Abhijeet Pratap

I am Abhijeet Pratap, editor of notesmatic. I am an MBA with marketing (major). Apart from writing on various topics in business management, marketing and English literature, I like to read and write about technology.