The South Korean electronics major, Samsung plans to ramp up their R&D team by hiring 2,500 engineering graduates in the next three years. This year it aims to hire 1,400 engineering graduates and have already hired talent from R&D across the National Institutes of Technology (NITs), BITS Pilani, Manipal Institute of Technology, Delhi College of Engineering and Delhi Technological University. Currently, they are executing their recruitment process at IIT and expects to hire around 300 graduates.
Dipesh Shah, Global Vice-President at Samsung shares in media, “Samsung is extremely bullish on R&D in India. Our R&D centers in India work on cutting-edge technology to develop innovations that are centered on Indian customers’ preferences and also contribute significantly to global products.”
Samsung spent about $13 billion in 2016 in its R&D segment. This year the company's hiring plan will see a 25% jump over the last year’s 800-odd graduates. Predominantly, these new hires will be absorbed for new-age technologies-IoT, AI, Machine Learning, Big Data, and Biometrics.
Bengaluru R&D center is the biggest center outside South Korea, where research is being done on smart devices, semiconductors, printers, modems, Internet protocols and networks. The Bengaluru primarily focus on technologies like Artificial Intelligence, Machine Learning, Natural Language Processing, IoT, Augmented Reality and Networks including 5G in Bengaluru. The Noida R&D center works on Biometrics, Mobile Software Development, Multimedia and Data Security. Delhi works primarily on research related to high-end televisions, other consumer electronics products as well as the operating system Tizen. The three centers together employ about 8,000 workers.
Earlier, as reported in People Matters, Goldman Sachs, also planned to increase campus hiring by 30 percent this year. Like Samsung, Goldman Sachs increased their technology hiring to push into innovative technologies like machine learning and data analytics through this talent pool.