Samsung launches new $100M fund for cloud, mobile

Written By Unknown on Monday, 4 February 2013 | 13:48

Young Sohn, arch plan officer of device solutions during Samsung Electronics, discusses a company’s pull in a U.S.


(Credit:
James Martin/CNET)

Samsung Electronics currently launched a new $100 million investment account to boost a U.S. footprint and coax creation in areas such as cloud computing and mobile privacy.

The Korean wiring giant, that is hosting a press eventuality currently in Menlo Park, Calif., pronounced a Samsung Catalyst Fund will core on appropriation early theatre companies focused on components and subsystems. Its $1 billion American Ventures America Fund will also be used to assistance serve aim areas like mobility, a cloud, and a Internet of Things .

To jumpstart the

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Source:
http://www.ezonearticle.com/2013/02/04/samsung-launches-new-100m-fund-for-cloud-mobile/

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