Samsung is one of the largest chaebols in the world and while the Lee family maintains a tight hold over Samsung, the company today announced its detailed plan to enhance long-term value creation for shareholders. First is the improvement in the shareholder program, which will see a 50 percent free cash flow dedicated to shareholder […]
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Samsung to acquire Harman for $8 billion
In a somewhat interesting move, Samsung today announced that they’ve entered into a definitive agreement with Harman to acquire them for $112 per share in cash, totalling to $8 billion. The move will give Samsung access to a rapidly growing connected market for automobiles that is expected to grow more than $100 billion by 2025. […]
Samsung at SID 2007
Samsung’s LED backlit 40-inch LCD TV has bagged this year’s SID Gold Award for Display of the Year. SID 2007 which starts from tomorrow will see Samsung’s some of the technology advanced products. This television has a contrast ratio of 10000:1 which is higher than any other LCD TV with a CCFL backlight. The […]