Samsung to spend $34.1 million on 31 research projects

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Samsung announced earlier today that it would spend more than $34 million on 31 research projects. These projects are spread across basic sciences, communications, IT, and material sciences. The South Korean tech giant confirmed the projects that it has finalized for the second half of 2020.

The research projects chosen by Samsung include the ones that work on cell therapy, human taste receptors, and walking robots. In 2013, the South Korean firm endowed total funding of $1.3 billion for local scientists working on futuristic technologies. Until now, the company has granted close to $700 million to 634 projects in public research institutes and universities.

Under the 15 basic science projects finalized to receive grants from Samsung in H2 2020, five projects are related to mathematics, four projects are related to life science, four are chemistry projects, and two are physics projects.

In the field of Information and Communication Technology, the company chose 9 projects, including robot control and next-generation retinal disease diagnosis equipment. Seven projects related to the medical field were shortlisted.

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