Monday, January 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sprint is Buying Stake in Tidal
Xiaomi's Global Vice President Hugo Barra is Leaving the Company
Samsung Announces Cause of Galaxy Note7 Incidents, Shares Quality Assurance Measures
Hon Hai chief Mulls US$7 Billion Display Panel Investment in U.S.
Apple Sues Qualcomm Over Patent Royalties
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
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
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Announces Cause of Galaxy Note7 Incidents, Shares Quality Assurance Measures
Samsung Seeks Arbitration Over LCD Supply Halt
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Samsung Begins Rollout of Android 7.0 Nougat
Samsung Bribery Case May Trigger U.S. Legal Authorities Too
Samsung's Exynos Processors Selected For Audi's In-Vehicle Infotainment
Samsung Adds New Capabilities And Categories To Their Mobile Alliance Program
LG Display To Supply LCD Panels For TVs to Rival Samsung Electronics
Samsung Vice Chairman Suspect in Political Probe
Samsung SDI Presents Fast Charging Battery That Enables Electric Vehicles to Drive 600km
Samsung's Latest Wearables Get iOS Compatibility
Samsung's Exynos Processors To Power Future Audi Cars

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .