The South Korean tech giant will unveil three cube-type refrigerators — Wine Cube, Beer Cube and Beauty Cube, whose names indicate their purpose.

It will also introduce a footwear management system featuring the technology of the company’s clothes care system, Air Dresser.

Under the company’s ProjectPRISM strategy, which aims to provide home appliances tailored to customers’ personalities and lifestyles, Samsung said it plans to offer products that did not exist before and bring new value.

With thousands of new U.S. troops already headed to the region to bolster security there, defense analysts now believe the long-running U.S. military presence in Iraq ― and the billions of taxpayer dollars spent there every year on munitions and troop support ― is unlikely to be drawn down.

U.S. defense contractors, which have benefited financially from the long-running wars in Iraq in Afghanistan, are among Wall Street’s few beneficiaries of heightened tensions in the Middle East, analysts said. Stock prices of most major defense manufacturers closed several points higher Friday even as climbing oil prices appeared to hurt major stock indices.

Lockheed Martin stock closed 3.6 percent higher Friday after languishing for the past month; Raytheon stock increased 1.48 percent; General Dynamics closed about 1 percent higher; and Northrop Grumman stock jumped 5.45 percent. Government services contractors like CACI and SAIC saw smaller price increases. Boeing stock remained flat.

The airstrike near Baghdad airport early Friday morning against Qasem Soleimani, a powerful military commander who had coordinated proxy forces against the United States across the Middle East for decades, came after a Dec. 27 rocket attack killed an American contractor.

Top U.S. defense officials said Friday that the airstrike was meant to prevent Soleimani from carrying out attacks he had planned against U.S. officials and diplomats. The Pentagon has already announced that it is sending 3,500 additional troops to the Middle East, and warned Americans to leave Iraq “immediately.”

Stock analysts tracking the defense market said the escalated tensions could create more support for escalated levels of defense spending. The U.S. defense budget increased by about 16 percent in the first few years of Trump’s presidency before leveling off.

Cowen analyst Roman Schweitzer called the airstrike a “major escalation” that shifted the conflict between the United States and Iran from a proxy fight to a direct confrontation.

“This is the equivalent of Iran killing the U.S. chairman of the joint chiefs of staff or the director of the Central Intelligence Agency and then taking credit for it,” Schweitzer wrote.

He said the event makes a further troop draw-down in the Middle East unlikely, as Iran and other “antagonists” pose a greater threat to U.S. installations across the region. The Defense Department’s spending from an account called Overseas Contingency Operations, which is used to fund active military operations, will probably remain at its current high as a result, he said.

Jefferies Investment Bank analyst Sheila Kahyaoglu wrote in a note to investors that the threat of escalated conflict in the Middle East “points to the broad threat profile that supports elevated levels of spending.” She wrote that Lockheed Martin, Raytheon and General Dynamics could be the biggest beneficiaries due to their international business.

By the end of the decade, he’d given billions of dollars to fight poverty and improve health care and education. But his fortune also more than doubled during the period, a result of soaring stock markets and favorable tax policies.

And so at the end of the decade, the world’s second-richest person said he wants his fellow billionaires to pay much higher taxes.

U.S. lawmakers should close loopholes, raise the estate tax and hike the capital-gains tax so that it equals the rate on labor income, Gates wrote Monday in a year-end blog post. He also called for states and local governments to make their taxes “fairer” and reiterated his support for a state income tax in Washington, where he lives.

“I’ve been disproportionately rewarded for the work I’ve done — while many others who work just as hard struggle to get by,” he wrote. “That’s why I’m for a tax system in which, if you have more money, you pay a higher percentage in taxes. And I think the rich should pay more than they currently do, and that includes Melinda and me.”

Gates, 64, has a net worth of $113.7 billion, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people. In 2010, Bill and Melinda announced the Giving Pledge with Warren Buffett and asked other billionaires to sign to give away chunks of their fortunes. As of May, 204 people from 23 countries agreed to participate.

At an event in November, Gates expressed reservations about the wealth tax proposed by presidential candidates Elizabeth Warren and Bernie Sanders. In his blog post, Gates said he won’t take a position on the various proposals being debated during the campaign.

“But I believe we can make our system fairer without sacrificing the incentive to innovate,” he said. “Americans in the top 1% can afford to pay a lot more before they stop going to work or creating jobs. In the 1970s, when Paul Allen and I were starting Microsoft, marginal tax rates were almost twice the top rate today. It didn’t hurt our incentive to build a great company.”

Gulf has purchased a 49-per-cent share in Hin Kong Power Holding Co Ltd and both Ratch and Fulf will apply their experience and expertise to the plant as a critical power source for securing the national power system and competitive potential.

Ratch CEO Kijja Sripatthangkura said this week that Ratch and Gulf are Thailand’s leading independent power producers with extensive experience and competence in the business.

Their collaboration, he said, “will enable the Hin Kong Power Plant to better create economic and social value, and also will support the national agenda on energy security and aim to become Southeast Asia’s energy hub.”

The business alliance would also help Ratch Group pursue its goal of becoming a leading energy and infrastructure company in Asia-Pacific, he said.

“We are confident that the plant will be an electricity supply source that will contribute to the country’s long-term socio-economic development,” Kijja said. “The power grid in Thailand’s West and South in particular will be more secure and households and industries will be served efficiently.

“In addition, there is an opportunity to extend our cooperation with Gulf as a strategic partner in other projects in the future because of their similar business direction and goals. This could support Ratch Group’s strategy to grow its enterprise value at Bt200 billion by 2023.”

The Hin Kong Power Plant consists of two 700MW blocks fired by natural gas.

Hin Kong Power is the project operator, wholly owned by Hin Kong Power Holding Co Ltd. The project was entered into the 25-year power purchase agreement with the Electricity Generating Authority of Thailand last July.

The first block is scheduled to begin commercial operations in 2024 and the second in 2025. An environmental impact assessment is underway.

It was the first company to do so since the National Broadcasting and Telecommunications Commission made the documents available on the day before.

The documents will be available until February 3 and bids must be submitted on February 4.

Four spectrum bands – 700MHz, 1800MHz, 2600MHz and 26GHz – will be auctioned off on February 16.