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Samsung invests in major new AI research centre

(Image credit: Image Credit: Sergey Nivens / Shutterstock)

Samsung has announced the creation of a new research centre focused on artificial intelligence (AI). Reuters (opens in new tab)reports that the company will also ‘strengthen an executive role to look for new business areas for all its three major business groups’.

These ‘minor changes’ to Samsung’s business structure were created to ‘quickly respond to market changes’, Samsung Electronics confirmed via a statement.

Reuters reminds that this move came shortly after a new generation of top managers was appointed. Fresh blood ‘dispelled lingering worries’ about the leadership vacuum that appeared after vice chairman Jay Y. Lee was detained.

The AI research centre will be part of a joint research centre focusing on mobile and consumer electronics, which is among the company’s main businesses. No word on where the AI research centre will be located.

Reuters also said Samsung Electronics ‘strengthened the “business development’ role” of CSO Young Sohn. He is now allowed to explore new business opportunities not just in components but in mobile and consumer electronics, too.

Sohn was in charge of Samsung’s Harman International takeover, worth $8 billion, which happened in November 2016. He is also in charge of the Samsung Strategy and Innovation Center (SSIC), with offices in San Jose and San Francisco.

Image Credit: Sergey Nivens / Shutterstock

Sead Fadilpašić is a freelance tech writer and journalist with more than 17 years experience writing technology-focussed news, blogs, whitepapers, reviews, and ebooks. And his work has featured in online media outlets from all over the world, including Al Jazeera Balkans (where he was a Multimedia Journalist), Crypto News, TechRadar Pro, and IT Pro Portal, where he has written news and features for over five years. Sead's experience also includes writing for inbound marketing, where he creates technology-based content for clients from London to Singapore. Sead is a HubSpot-certified content creator.