Samsung invested 28% of gross profit into research and development in 2018
Investment in research and development is essential for any company that wants to stay ahead of the competition. For Samsung, this has long been a priority, and it is reflected in the company’s impressive track record of innovation. In 2018, Samsung invested 28% of its gross profit into research and development, the highest percentage of any company in the world. This commitment has helped Samsung to develop ground-breaking new technologies, such as its 5G network and foldable OLED displays. It has also allowed the company to bring new products to market quickly, such as the Galaxy Note 9, which was released just six months after its predecessor.