Samsung Electronics plans to invest KRW 110 trillion ($73 billion) in research and development and facilities to lead the semiconductor industry in artificial intelligence, according to a Reuters report. The Korean tech giant aims to strengthen its position through strategic investments in AI-focused areas like robotics, medical technology, automotive electronics, and air conditioning solutions.

This year's investment represents a 21% increase from last year's KRW 90.4 trillion ($60 billion) R&D spending. The company already dominates as the world's largest memory chip producer and recently signed a memorandum of understanding with AMD to supply HBM4 chips for AI data centers. Samsung also revealed plans for "meaningful mergers and acquisitions" in key technology sectors.

The massive funding push comes as global competition in AI hardware intensifies. Samsung's expanded R&D budget signals its determination to challenge rivals in the AI semiconductor space, where specialized chips for machine learning and data processing have become critical. The investment covers both internal development and potential acquisitions to accelerate Samsung's AI capabilities across multiple industries.