News

Samsung is going to buy new companies

Samsung published its financial report. They made 11 billion dollar last year. And now , company worth more than 114 billion dollars. With $114 billion in cash, Samsung plans to acquire new companies. Experts mentioned that companies called NXP, Texas Instruments and Microchip Technologies. But so far nothing like this has happened.

Ben Suh, a senior Samsung executive, also made statements that regarding the agenda while explaining the financial situation report. Expressing that they are determined to increase their competitiveness , Suh said that they are evaluating new and large-scale purchases.

Leave a Reply