Wednesday, April 24, 2024
Search
English
Optical Storage
Graphics Cards
General Computing
PC Parts
Digital Cameras
Consumer Electronics
Games
Mobiles
All News Categories
Older News
Optical Storage
Graphics Cards
General Computing
PC Parts
Digital Cameras
Consumer Electronics
Games
Cooling Systems
Mobiles
Software Reviews
Reviews Around the Web
Technology Previews
Essays
Interviews
Tech Views
Glossary
FAQ
Guides/How-To's
Firmware
Drivers
BIOS
Software
Media Tests
Drive Comparisons
DVD Media Formats
All Forums
Become Member
Today's Posts
Popular Topics
In-House
Optical Storage
Optical Storage Software
General
Consumer Electronics
Other
News Around The Web
Advertise
Links
Jobs
Site Map
News/Reviews Feed
Submit News
Polls
Competitions
Users' Privacy
Contact Us
About
Home
|
News
|
Reviews
|
Articles
|
Guides
|
Download
|
Expert Area
|
Forum
|
Site Info
Wednesday, May 22, 2013
Samsung Set to Buy Stake in Rival Pantech
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail:
* Required!
Recipient (e-mail):
*
Subject:
*
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
Message Text:
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.
Home
|
News
|
All News
|
Reviews
|
Articles
|
Guides
|
Download
|
Expert Area
|
Forum
|
Site Info
Site best viewed at 1024x768+ -
CDRINFO.COM
1998-2024 - All rights reserved
-
Privacy policy
-
Contact Us
.