Tag Archives: M&A

Samsung to Chase Big M&A Deals on Three Fronts, Says Strategy Chief

Samsung Electronics’ $8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more big deals, its strategy chief said on Friday. Young Sohn, the South Korean company’s Silicon Valley-based president and chief strategy officer, said he was keen for world’s top maker of memory chips, smartphones and televisions to expand in automotive markets, digital health ... Read More »

Lenovo Posts First Annual Loss in 6 Years on M&A fees

China’s Lenovo organization Ltd on Thursday reported its first loss in six years, with profits pulled down by means of acquisition and restructuring fees as well as vulnerable sales of smartphones and private computers (desktops). the arena’s biggest laptop maker booked a net loss of $128 million (roughly Rs. 859 crores) for the enterprise year ended March, from $829 million ... Read More »