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Tag: samsung
UPDATE 2-US fund Elliott challenges Samsung Group restructure move
2015-06-04 08:42:06| Semiconductors - Topix.net
An activist U.S. hedge fund on Thursday threw a spanner in the works of Samsung Group's restructuring by opposing a merger which would allow the controlling Lee family to consolidate their holdings ahead of a successional change of leadership. In a rare instance of investor activism in South Korea, hedge fund Elliott revealed it had built a major stake in construction firm Samsung C&T Corp and announced its opposition to Cheil Industries Inc's $8 billion takeover offer.
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update
move
samsung
Samsung, LG unfazed by Tesla's battery push
2015-06-03 15:37:21| Chemicals - Topix.net
Tesla Motors, a maker of luxury electric sedans, is generating a lot of buzz with its new battery system, the Powerwall, in a young energy storage market dominated by Korea's top battery makers - Samsung SDI and LG Chem. The Powerwall is a large battery that helps homeowners manage their energy use.
Tags: samsung
push
battery
unfazed
Samsung Electronics to expand mobile payments service to China, Europe
2015-06-03 08:15:47| Electronics - Topix.net
Tech giant Samsung Electronics Co Ltd said on Wednesday that it will expand its Samsung Pay mobile payments service to markets such as China and Europe after an initial launch in South Korea and the United States later this year. Rhee Injong, a Samsung executive vice president, told investors at a company event in Seoul that the firm is looking at a "September time frame" for the initial launch of the mobile payments service in South Korea and the U.S., coinciding with the launch of the firm's next flagship smartphone model.
Tags: service
china
mobile
electronics
Samsung Electronics to expand mobile payments service to China, Europe
2015-06-03 07:49:46| Semiconductors - Topix.net
Tech giant Samsung Electronics Co Ltd said on Wednesday that it will expand its Samsung Pay mobile payments service to markets such as China and Europe after an initial launch in South Korea and the United States later this year. Rhee Injong, a Samsung executive vice president, told investors at a company event in Seoul that the firm is looking at a "September time frame" for the initial launch of the mobile payments service in South Korea and the U.S., coinciding with the launch of the firm's next flagship smartphone model.
Tags: service
china
mobile
electronics
Telefonica, Samsung push each other's IoT buttons
2015-06-03 02:00:00| Total Telecom industry news
Spanish incumbent to combine modular Thinking Things platform with electronics giant's devices and sensor technology.
Tags: samsung
push
buttons
telefonica
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