Why Samsung might consider buying this $55 billion company To say that Samsung has deep pockets would be an understatement. The company is sitting on more than $114 billion in cash and it hasn’t made any major acquisitions recently. Samsung’s largest deal was in 2016 when it acquired Harman for $8 billion. Rumors have been circulating recently that Samsung is eyeing a major acquisition. The company reportedly wants to acquire a semiconductor manufacturer to further cement its position in the market. According to reports, there’s a $55 billion company that Samsung’s interested in. Has Samsung found the perfect acquisition target? Samsung’s CFO Choi Yoon-ho revealed earlier this year that the company is looking for mergers and acquisitions in the automotive semiconductor industry. It didn’t name the potential targets that it’s vetting, but market watchers have made some predictions.