Samsung Lab funds 100 startups in quest to increase innovation
Samsung now encourages its employees to innovate, marking a shift from its earlier work culture
Seoul: Samsung Electronics Co. employees who came up with creative products outside core businesses in the past would often see their ideas buried in bureaucracy and inertia. The response this year when an engineer developed a wristband to avoid eavesdropping was very different: Samsung helped him start his own company.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more