According to Korean media Business Korea, Samsung ’s annual financial report released yesterday (26) shows that the company ’s total R & D expenditure in 2019 was 20.19 trillion won (approximately US $ 16.5 billion), breaking the record of 20 trillion won for the first time. A year-on-year increase of 8.3%.

Due to the slowdown of the semiconductor market last year, Samsung's sales and operating profit fell by 5.5% and 52.8%, respectively, but R & D investment has soared. It is reported that R & D expenditure is mainly used for investment in system semiconductors and quantum dot displays. In April last year, Samsung stated that it would invest 133 trillion won (about 109.29 billion U.S. dollars) in the field of system semiconductors by 2030, becoming the number one in the non-storage field. In addition, in October last year, Samsung decided to invest 13 trillion won (about 10.68 billion US dollars) to build a new quantum dot display screen production line, of which 3.1 trillion won (about 2.5 billion US dollars) will be used to develop new display technologies.

At the same time, Samsung said that due to poor performance, the company's tax expenditure last year reached 8.6 trillion won (approximately $ 7.1 billion), a decrease of 48.3% compared with the previous year.