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Samsung acquires 10% stake in Pantech for $47.6 million

Samsung acquires 10% stake in Pantech for $47.6 million - read the full textSamsung has purchased a 10% stake in South Korean rival Pantech in a deal that sets it back some 53 billion won ($47.6 million). While the move has raised concerns over potential anti-trust issues, Samsung was quick to release a statement that it will have "no involvement in Pantech's...

 

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> In reply to Swaz @ 2013-05-22 18:45 from 7wA5 - click to readDid you read my post? I'm talking about net worth, not profit. It may not be ten, twice is realistic. But there's no way that sammy can buy sony, nor sony be a bigger company than samsung.

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  • 2013-05-23 14:26
  • v0qJ

Dont keep blabering samsung has stealed patents from apple, ms, nokia...these so called apple , ms nokia were same decade ago now its turn of samsung. Apple stole entire gui from Xerox so they are oldest stealers and then ms stole entire OS program from Apple so they are next oldest and biggest pirates in history.

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  • 2013-05-23 14:10
  • XNts

> In reply to Anonymous @ 2013-05-23 01:46 from 0a0X - click to readAnd gasp....many companies are interested in them....Wow....imagine that

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  • 2013-05-23 13:51
  • 4QSR

> In reply to supergeek @ 2013-05-22 18:41 from iFsh - click to readNOKIA was Past,SAMSUNG is Present,
God knows who will be in FUTURE.......

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  • 2013-05-23 10:52
  • nC69

> In reply to samsung rules @ 2013-05-22 21:34 from 07B2 - click to readNo, Samsung needs it so they can legally pilfer Pantech's IP. They've been accused of stealing so many company's IP (*gasp* it's not just Apple), it's pretty obvious why they are so interested in Pantech and Sharp.

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  • 2013-05-23 01:46
  • 0a0X

> In reply to samsung rules @ 2013-05-22 21:38 from 07B2 - click to readWhat? So now it's Apple's job to solve the problems caused by petty politicians? Kid, there is so much infantile reasoning in your comment that the only advice I have is that you stop posting about things you won't understand until you get a real job and have actual responsibilities.

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  • 2013-05-23 01:44
  • 0a0X

> In reply to samsung rules @ 2013-05-22 21:38 from 07B2 - click to readits not their obligation as a company to contribute into solving the Government's debts.... i wouldnt contribute also.

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  • 2013-05-22 22:10
  • j8wI

> In reply to ratGT @ 2013-05-22 16:47 from 38GG - click to readYeah! Apple is totally greedy! They didn't even contribute to the US government during the financial crisis and did you know for a short period of time in year 2011 apple has more money than the US itself and yet unable to contribute some of its shares to the government! .... Greedy! Apple

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  • 2013-05-22 21:38
  • 07B2

> In reply to mafiaprinc3 @ 2013-05-22 16:33 from kaKP - click to readSamsung needs it so that i can contribute even higher for their economy to finance their military against north korea so this is a good economic strategy

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  • 2013-05-22 21:34
  • 07B2

It's like comparing dolphin (sony) with whale(Samsung)

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  • 2013-05-22 19:38
  • 7qCi

> In reply to Anonymous @ 2013-05-22 17:42 from v0qJ - click to readPlease go through the company profile ( in terms of profit), before posting any nonsense...

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  • 2013-05-22 18:45
  • 7wA5

> In reply to -qwerty- @ 2013-05-22 18:17 from U}}x - click to readNokia is owned by Microsoft, nobody can get near them.

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  • 2013-05-22 18:41
  • iFsh

> In reply to Nick @ 2013-05-22 17:31 from mG@@ - click to readGet out of 80s, this is 2013 owned by samsung welcome in our era!

I don't like neither products btw.

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  • 2013-05-22 18:40
  • iFsh

> In reply to Nick @ 2013-05-22 17:31 from mG@@ - click to readhttp://en.wikipedia.org/wiki/S...d_affiliates

Check the link & and then think again if samsung is a small boy....

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  • 2013-05-22 18:30
  • 0Zqf

> In reply to aqua24 @ 2013-05-22 17:02 from t7Xr - click to readnext is nokia

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  • 2013-05-22 18:17
  • U}}x

Another law suit few years from now!

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  • 2013-05-22 18:14
  • 3sEj

Samsung is twice as big as Sony..

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  • 2013-05-22 18:14
  • bC6I

> In reply to Anonymous @ 2013-05-22 17:17 from v0qJ - click to readbecause that's how it works. with big names samsung had right now, samsung can influence another stockholder to be on their side and technically speaking can have more than 50% vote. so you don't have to buy 51% stock to control a company. well for example, if warren buffet suddenly buy your company's stock for 10%, at least the first question you had in mind is, "what do you had in mind buying this company's stock" and listen to what he had to say and gradually following his direction.

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  • 2013-05-22 18:11
  • 61Pi

Btw contrary to the news, pantech is not number 2 selling mobile in korea. Pantec is in financial trouble, sammy just went to invest for economic purposes. Its assumed now the pantec being backed by ssung will shoot sky high on market FV, meaning it's a very attractive company to invest. Pantec will gain its ground to rout LG, and if LG flops, samsung mobile monopolize entire korea.

Simple principle of conspiracy, "my friends enemy is my enemy".

  • Reply
  • 2013-05-22 17:52
  • v0qJ

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