Samsung gets greenlight for $822 million R&D HQ in Korea

Samsung has received permission from local authorities to erect a 330,000 square meter, 10-storey high research and development center in Umyeon-dong, Seocho-gu, Seoul. The facility, which broke ground last week, is expected to cost around 1 trillion won ($822 million) and will house around 10,000 employees. The company's expecting to be able to move in by May 2015, so remember to buy a plant to take to the housewarming party.

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