Samsung boosts US research, venture fund | Bangkok Post: news

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Samsung boosts US research, venture fund

Samsung announced Monday it was pumping more money into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.

Samsung announced Monday it was pumping more money into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.

The electronics giant said it was launching a $100 million "catalyst fund" that will augment its $1 billion Samsung Ventures America Fund and "fuel innovative technologies and business models through all stages of business."

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