Samsung has recently shared its strategic priorities for the year and the list of employees selected as 2024 master craftsmen to promote the business. Simultaneously, Samsung also reveals some plans to beef up new business and shareholder value.
According to the details, Samsung C&T has been leveling upwards on strong earnings at the construction division through captive clients and brisk growth at the bio division. Based on this, the South Korean tech giant has announced two plans.
The first plan includes the expansion of investment to strengthen its business portfolio and the second one is to retire all of its treasury shareholdings over the next five years.
At the bio division, capacity expansion is underway, and over the next three years, the firm plans to invest in W2tn to strengthen the competitiveness of its existing businesses and W2tn to discover new businesses such as green energy, bio, and healthcare.
