Fresh off running a 2-minute Super Bowl ad, Samsung (SSNLF.PK) announces it's launching two VC...


Fresh off running a 2-minute Super Bowl ad, Samsung (SSNLF.PK) announces it's launching two VC funds that will have a combined $1.1B in capital, as well as a "strategy and innovation center" on Sand Hill Road. The smartphone giant has been busy growing its Silicon Valley footprint as it tries to fend off Apple and a slew of hungry Chinese rivals: in December, Samsung announced it would create a giant sales/R&D facility in San Jose.

Comments (1)
  • TomasViewPoint
    , contributor
    Comments (4911) | Send Message
     
    These guys are playing for keeps. Gotta give them credit for getting out of SK and diving into the SV.
    4 Feb 2013, 08:24 PM Reply Like
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