Samsung confirmed today that it is investing $47.6 million in Pantech to acquire a 10 percent ownership stake in the company. Pantech, like Samsung, is a South Korean company, and the third-largest mobile device manufacturer in the country.
Posted March 6, 2013, 5:30 PM by Jose Vilches | Filed in Industry News
Sharp has confirmed it will be receiving a 10.4 billion yen (around $112 million) investment from Samsung for a 3% stake in the company. The two have done business in the past but this deal will further strengthen that relationship, …
Posted February 19, 2013, 7:00 AM by Shawn Knight | Filed in Industry News
LG Display recently announced plans to invest $657 million in cash into expanding their organic light emitting diode (OLED) panel production capabilities. The expansion will take place at the company’s Paju plant located in the Gyeonggi Province in South Korea,…
Posted February 6, 2013, 3:00 PM by Rick Burgess | Filed in Industry News
In 2011, former CEO Leo Apotheker proposed jettisoning HP's iconic PC business -- a division which suffers from notoriously anemic profit margins -- in an attempt to return HP to greater profitability. Although Apotheker's successor, Meg Whitman, canned that idea,…
Posted September 12, 2011, 5:00 PM by Jose Vilches | Filed in Industry News, Hardware
We've been hearing about Pixel Qi's exciting display technology for a while now but the company has yet to make significant progress in the consumer market. Today, however, they are getting a major vote of confidence from 3M in the…
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