Samsung to build five new R&D centers in Korea for $4.5 billion

You gotta spend money to make money. Samsung knows that, which is why the Korean powerhouse will be spending about 5 trillion won (roughly $4.5 billion) to build five new R&D centers over the next three years. All of the facilities will be in the company's homeland, with a $1 billion research center set to open in southern Seoul late in 2015. At that particular building, it's expected that some 10,000 employees will take up residence, focusing primarily on design. Samsung also plans to dedicate new R&D centers to materials and component development, as well as chips and displays. In 2012 Samsung dropped a company-record 11.9 trillion won (about $10.5 billion) on R&D, and there's no sign that it'll be slowing down anytime soon. In fact, its research budget is up about $1.4 billion from 2011. Sure, there might not be as much of an immediate windfall from the investment, like you might see from an advertising blitz or lawsuit, but we're willing to bet it keeps Sammy competitive for much of the foreseeable future.

Filed under: Misc, Samsung

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Source: Korea Times

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/_sAzwzHjSpM/

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'Transformers 4' Roll-Out Concludes With Brand New Bumblebee

The way Michael Bay has been releasing images of the new cars that will show up in "Transformers 4" you'd think that there aren't any actual humans in the movie, which is said to be the start of a new trilogy. The roll-out concluded yesterday with the reveal of another Bumblebee. Yes, there are two. [...]

Source: http://moviesblog.mtv.com/2013/07/03/transformers-4-new-bumblebee/

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Blood, Sweat, and Gear: How One Guy Retooled His Life With Triathlon Training

Brett Miller never set out to become a hardcore triathlete who thinks nothing of swimming two miles, then riding 112 and finishing the day with a marathon. He just wanted to lose weight.

Source: http://www.wired.com/gadgetlab/2013/07/triathlete-brett-miller/

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ASUS' 31.5-inch 4K monitor is up for pre-order for an introductory $3,500

A mere month after ASUS unveiled its 31.5-inch 4K monitor to the world, and the humbly-named PQ321 is already available for pre-order on Amazon, Newegg and TigerDirect. As a reminder, the Ultra HD display boasts a jaw-dropping 3840 x 2160-pixel 10-bit RGB (a billion colors) IGZO panel with LED backlight, 176-degree viewing angles, a maximum of 350 cd/m2 in brightness and 8ms GTG response time. Built-in stereo speakers sweeten the package, as does a 3.5mm audio jack, DisplayPort connectivity and dual HDMI inputs. Oh, and did we mention it's also apparently the thinnest 4K monitor on the market at only 35mm thick? However, you'll have to pay a pretty penny for all that awesomeness: it has an introductory price of $3,499.99. That's about $300 less than what was announced a month ago, but it's still not exactly cheap. The PQ321 is set for a July 16th release date, so you still have a couple weeks to bribe relatives, rob a bank or sell off any unwanted organs.

Filed under: Displays

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Via: ZDNet

Source: Amazon, NewEgg, TigerDirect

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/HU5AsWAGGtM/

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Justin Bieber Shirtless Pics: Holy Six Pack!

Source: http://www.thehollywoodgossip.com/2013/07/justin-bieber-shirtless-pics-holy-six-pack/

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Indexes edge up as Fed slowdown fears ebb

NEW YORK (AP) ? Stocks are ending slightly higher after a report of tepid U.S. economic growth raised expectations that the Federal Reserve will continue its stimulus program.

The government lowered its estimate for growth in the first three months of the year to 2.4 percent from 2.5 percent.

Stocks slid last week on concerns that the Fed might slow its bond purchases.

The Dow Jones industrial average rose 21 points to 15,324 Thursday, or 0.1 percent. The Dow was up 95 points in the afternoon, then faded in the last hour.

The Standard & Poor?s 500 rose six to 1,654, or 0.4 percent. The Nasdaq rose 23 points to 3,491.

Three stocks rose for every two that fell on the New York Stock Exchange. Volume was average at 3.5 billion shares.

Source: http://feeds.salon.com/salon/index

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Sam Rockwell Is Into Some Sick, Sick Stuff

Call us na?ve, but we felt like we knew a thing or two about Sam Rockwell, the star of movies like "The Way, Way Back." He likes to pick interesting roles and find ways to dance in whatever movie he happens to be starring in at the moment. But his recent run-in with MTV News' [...]

Source: http://moviesblog.mtv.com/2013/07/02/sam-rockwell-gimp-after-hours/

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