5 Most Innovative Companies in the World

4. Samsung

Samsung is a South Korean conglomerate that makes some of the world’s most advanced smartphones and also semiconductors. The company is the largest memory chip maker and second largest chip contract manufacturer in the world. To remain at the cutting edge, Samsung has committed to spending substantial amounts in R&D. Reuters reported in May 2022,

Samsung Group will invest 450 trillion won ($356 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics (005930.KS) said.

Given the substantial amount, Samsung will likely be able to develop substantial innovative products in the future. The company also ranks #4 on our list of 15 Most Innovative Companies in the World.