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LG Electronics Narrows Loss as Appliances Find Favor

2016-01-26 23:43:19| Electronics - Topix.net

LG Electronics Inc. narrowed its net loss in the December quarter, aided by brisk sales of its home appliances but China's slowing economy is casting a cloud on the company's prospects.

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Samsung Electronics Co Ltd (KRX:005930) Tops U.S. Home Appliances Market in 4Q

2016-01-25 19:41:58| Appliances - Topix.net

Samsung Electronics Co Ltd. beat its rivals in the race to become the biggest market player in U.S. consumer electronics industry in the fourth quarter. This is no mean feat, considering it edged out seasoned rivals such as Whirlpool Corporation , research by TraQline showed.

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Samsung Elec says open to M&A for home appliances business

2016-01-25 04:17:02| Semiconductors - Topix.net

SEOUL: Tech giant Samsung Electronics Co Ltd will consider all possible options to grow its home appliances business including mergers or acquisitions, a senior company executive said on Monday.

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Samsung Electronics says open to M&A for home appliances business

2016-01-25 03:42:57| Electronics - Topix.net

Tech giant Samsung Electronics Co Ltd will consider all possible options to grow its home appliances business including mergers or acquisitions, a senior company executive said on Monday.

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Samsung Electronics held talks with GE for appliances business: Yonhap

2016-01-16 06:16:20| Electronics - Topix.net

Tech giant Samsung Electronics Co Ltd held talks with General Electric Co about buying the U.S. company's appliances businesses but negotiations broke down on antitrust issues, South Korea's Yonhap News agency reported on Saturday. The report said Samsung initiated the talks after General Electric walked away from a deal with Electrolux AB due to opposition from U.S. antitrust regulators.

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