Samsung Group revealed a significant 450 trillion won ($356 billion) investment plan for the next five years, aiming to position the company as a leader in a variety of industries, from semiconductors to biologics.
The new figure represents a more than a third increase in investment over the previous five years.
The tech behemoth is South Korea's largest chaebol (family-run enterprises that dominate the economy), with a turnover of a fifth of the country's gross domestic product.
Samsung Electronics, the company's flagship division, is the largest smartphone manufacturer in the world.
The investment strategy would help "strengthen the global industrial ecosystem of critical technology" by bringing "long-term growth in strategic businesses."
Through 2026, the 80,000 new jobs will be produced "mainly in core areas such as semiconductors and biopharmaceuticals."