Why Samsung might consider buying this $55 billion company
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 ...
Source: sammobile.com