Samsung splurges $200bn to bring 'new future order' over next few years – meaning chips, pharma, comms

Samsung announced today it would invest over $200bn (₩240 trillion) in strategic businesses like semiconductors, pharmaceuticals, communication networks, and IT research. Samsung said this spending spree will help the company "lead" society through the economic and societal challenges of the impending post-COVID industrial, …

[Pascal Monett]

"a period of reorganization of a new future order"

And we fully intend to be at the top of that order.

Hey, that's capitalism for you.

[amanfromMars 1]

Re: A period of reorganization of a new future order will come as a real shock to some

And we fully intend to be at the top of that order.

Hey, that's capitalism for you. ...... Pascal Monett

Well, it certainly was the aim of capitalism, PM, but it is proving itself a rapidly failing and fundamentally flawed project, is it not?

The first two posts on this page more than suggest the leadership mantel resides elsewhere foreign, and if not in the West then where other than with those in the East for a welcome change, although that is not to imply that capitalism does not have a vital bit part to play and enjoy in a support rather than leading role?