Morningstar

Samsung Group to Add 60,000 Staff to Work on AI, Chips, Biotech

Provided by Dow Jones Sep 18, 2025, 4:11:00 AM

By Jihye Lee

Samsung Group plans to hire 60,000 people over the next five years to work on its semiconductor, biotechnology and artificial-intelligence businesses.

The South Korean conglomerate said it will add 12,000 workers a year, in a bid to "be at the forefront of fostering new businesses and creating jobs for the youth," it said in a statement Thursday.

The move by the group comes as the administration of South Korea's newly appointed president, Lee Jae-myung, faces pressure to tackle youth unemployment, a key issue in a country dealing with an aging population and a low birthrate.

Shares of Samsung Electronics were last up 2.2% at 79,900 won. Affiliate Samsung C&T was last up 1.9% and Samsung Biologics was 0.5% higher.

Write to Jihye Lee at jihye.lee@wsj.com

(END) Dow Jones Newswires

September 18, 2025 00:11 ET (04:11 GMT)

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