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Samsung to spend $20 billion on green energy, health

Samsung said on May 11 that it plans to invest $20 billion in healthcare and green energy until 2020 in a move it says could provide thousands of new jobs.

Among the investment will be solar cells, rechargeable cells for hybrid electric vehicles, light emitting diode (LED) technologies, biopharmaceuticals and medical devices as its new growth areas.

[Industry Week]