Saturday, August 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
G.Skill Ripjaws DDR4 Will Be Available Up to DDR4-3200
Could Amazon Challenge Google's Ad Business?
German Regulator Will Pursue Complaint Against Publishers
IBM Tries To Strengthen Its Presence In China With Local Vendor Deal
Demand For iPhone 6 Screens Add Perssure To Supply Chain
Intel Highlights Its Wireless Computing Plans
Ouya Parners With Xiaomi On Games
Sony Offers New Smart Tennis Sensor
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 To Unveil New Smart TV Content at IFA 2014
Samsung Delivers Slim Level Box mini Wireless Speaker
Samsung, Microsoft Want To End Android Patent Dispute Soon
Galaxy Note 4 May Come in Two Versions
Samsung Buys Home-automation Company SmartThings
Samsung Exynos 5430 Is The Company's First 20nm SoC
Samsung Introduces All-metal Galaxy Alpha Smartphone
Samsung Introduces SAS-interface SSD
Barnes & Noble, Samsung To unveil Galaxy Tab 4 Nook on August 20
Samsung To Release New Gear Solo Wristwatch Phone
Samsung Introduces SAS-interface Solid State Drive For Enterprises
Apple, Samsung Agree to End Patent Suits

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .