VIETNAM > South Korea’s Samsung Display to invest additional $2.5Bn in northern Vietnam

samsunglogo South Korea based Samsung Display is set to invest an additional $2.5 billion in Vietnam’s northern Bac Ninh province. This ambitious plan by Samsung is a five-year project starting from 2018. With this investment the total capital investment in Vietnam reaches to $6.5 billion by Samsung.   About Samsung Display Samsung Display develops and offers display products, technology, solutions to More …

USA > Samsung Electronics to invest $1 billion in chip production in its Texas facility

samsung_logo-2 South Korean Samsung Electronics plans to invest more than $1 billion in chip production in its Austin, Texas facility by the end of June 2017. The company said, since the inception of Austin facility in 1997, it has already invested more than $16 billion. With the investment Samsung plans to hire 250-500 new staff. The Austin facility currently has 2.3 More …

USA > South Korean Samsung to Acquire Harman for approximately $8 billion

samsung_wordmark-svg South Korean electronics giant Samsung Electronics to acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8 billion. Samsung in a statement told that upon closing the deal, Harman will operate as a standalone Samsung subsidiary, and continue to be led by Dinesh Paliwal and Harman’s current management team. With more than 30 million vehicles More …