Monday, February 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Verizon Expores Yahoo Deal Options: report
Kingston Buys USB Technology and Assets of IronKey from Imation
LG'S Flagship SIGNATURE OLED TV Now Available In The U.S.
Imagination Tech CEO Steps Down As Company Reports Losses
Google Has A Gear VR Competitor In The Works: report
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.
Following Outcry, Twitter's Dorsey Says Live Tweets Are Here To Stay
Samsung Files Patent For A Vein-authentication System On A Smartwatch
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 Home > News > Mobiles > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, May 22, 2013
Samsung Set to Buy Stake in Rival Pantech


Samsung Electronics said Wednesday that it would buy a 10 percent stake in Pantech Corp., South Korea's third-largest handset maker.

Samsug will invest 53 billion won or some $48 million to acquire a 10 percent stake in Pantech, Korea?s number three mobile phone, the Korean Times reported today.

The deal would help Samsung further solidify bilateral cooperation in smartphone and other business areas. It would also protect Samsung?s clients for components.

Qualcomm and state-run Korea Development Bank also own stakes in Pantech.

Samsung and Pantech have strong ties in semiconductor and display businesses, with Pantech to buy semiconductors, displays and other components for use in its popular Vega-branded smartphones from Samsung?s key affiliates including Samsung SDI and Samsung Electronics.

Pantech caught the attention of the media at this year?s Mobile World Congress event in Spain with its Android-powered Vega 6 ― the largest full-HD smartphone.

The Pantech deal follows Samsung?s decision to invest in Sharp of Japan in March. Samsung acquired a 3.08 percent stake in Sharp for $112 million, allowing Samsung greater access to Sharp?s TV-making patents.


Previous
Next
Sony To Implement New Strategy to Enhance Group's Value        All News        Battlefield 4 Coming In Both Xbox One and PlayStation 4
Nokia Adds LiveSight Tool To Here Maps     Mobiles News      NVIDIA Demos Its Cat 4 LTE-Advanced Modem AT CTIA

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Loses Memory-Chip patent Trial Against Nvidia
768 Gbit Micron 3D NAND Is Faster Than Samsung’s 256Gb V-NAND: ISSCC
Samsung Describes Its 10nm SRAM
Samsung Galaxy S7 and S7 Edge Coming At February's Unpacked 2016 Event
LG's Home Appliances Business More Profitable Than Samsung's
Samsung Reports Drop In Profit For Q4
Samsung Said To Unveil Phone Upgrade Program
Samsung SDI to Invest In Automotive Battery Business
Samsung Gear S2 Classic New Edition Launches Globally
Court Bans Sales Of Some Samsung Phones in The U.S
Samsung Begins Mass Producing 4-Gigabyte HBM2 DRAM
Samsung Announces Mass Production of 2nd Generation 14-Nanometer FinFET Logic Process Technology

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .