Samsung accounts for 10% of the company Pantech

Samsung accounts for 10% of the company Pantech 

Samsung accounts for 10% of the company Pantech 

Samsung accounts for 10% of the company Pantech 

Samsung today announced the acquisition of 10% of the company Pantech maker of Smartphones third-placed among the top manufacturers of mobile in Genoese based Korea official. The value of this transaction is a U.S. $ 47.6 million, to promote the Samsung through its position in the market and take advantage of mobile components produced by Pantech.

As do most large companies, the companies Samsung and Pantech working on the production of ingredients for their persons, in order to reduce production costs, and thus became for Samsung new source for useful components without going to outside sources, thanks to the acquisition of these in addition to the partnership previous existed between the two companies, which allow access to developments in display technologies and semiconductor between the two companies, and this will grow and evolve after this new investment.

Samsung says that the deal will help to consolidate and increase its relationship with Pantech, which put it in third place as the largest investor in the company Pantech, preceded by the Qualcomm and the Bank of Korea Development.

What concerns us is watching consumers progress in Samsung products thanks to this investment, which helps Samsung to keep pace faster than before, and offers new techniques to it for sure.