Samsung's new chief of Innovation (CIO), a Samsung next President David Eun, has shown Samsung's determination to set up overseas, anticipating that the creation of a long innovation will accelerate the pace of Samsung's investment in start-ups and new ventures, and that the future, David Eun's trend will also cause more attention in the industry. According to Korean media money, Samsung next announced earlier the announcement of David Eun as the new Samsung innovation, Samsung next for Samsung in Silicon Valley set up a VC unit, Samsung for the global search for growth momentum, and integrated management of cross-sectoral innovation strategy, The new authority will be in charge of the highest level CIO in all departments, in Samsung, the person with the highest professional title, only semiconductor and panel DS Department, Mobile IM Department, home appliance CE department, such as the three major departments of executive Long (CEO), Strategy Long (CSO) Sun Yingquan, as well as the operating studio long and financial long ( CFO), Lu Xizan (transliteration) and other 5 people. David Eun in the past as Samsung next president and Global Innovation Center, leading New ventures, looking for talent and new ventures, but also in charge of Samsung's overall innovation strategy, for example, David Eun to participate in Samsung in the United States, Britain, Canada, Russia, such as the establishment of AI Research and Development Center strategy, Da Vid Eun said that the future as a long-term innovation in the 5-year period, will allow Samsung to transform into a network of things, AI, augmented Reality (AR), virtual Reality (VR), block chain technology as the core of the group. David Eun graduated from Harvard University, has served as the head of Google content cooperation business, Bain Strategy consultant operating consultants, etc., during Google to dominate the acquisition and YouTube well-known. On the other hand, in addition to Samsung's continued acceleration of new career layout footsteps, LG Group has also announced the establishment of a gold technology venture in Silicon Valley (LG Technology Ventures), according to Chosun Biz reported that this is the first overseas investment fund set up by Le Gold Group, Target looking for the group's future growth momentum. LG Technology Venture investment by Le Gold Group-related enterprises commissioned by the operation, Le Gold chemical (LG Chem) and Le gold display (LGD) respectively contributed 150 million U.S. dollars, LG Electronics (Electronics) and LG U+ respectively contributed 50 million U.S. dollars, a total of 400 million U.S. dollar fund scale set sail,