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Samsung merges two major affiliates in restructuring efforts

May 26, 2015

Samsung merges two major affiliates in restructuring efforts

The family-run Samsung Group, currently chaired by Lee Kun-Hee, has merged, broken out or newly listed some of its key units in recent years as he prepares to hand over the reins to his son, JY Lee. #Business #CompanyWatch #Samsung Electronics #Samsung Group #Lee Kun-hee #corporate #Cheil Industries
South Korea to give $10 bn to India for infrastructure development

May 18, 2015

South Korea to give $10 bn to India for infrastructure development

President Park said ties between the two countries have progressed substantially and the two sides were committed to improving business environment. #Business #Economy #India #Narendra Modi #NewsTracker #South Korea #Samsung Electronics #Park Geun-hye #Hyundai Motors #LG Industries #Doosan Group
Samsung goods worth Rs 26 crore stolen in Delhi highway heist

Apr 02, 2015

Samsung goods worth Rs 26 crore stolen in Delhi highway heist

In a Hollywood-style heist, an unidentified gang of miscreants allegedly drove off with a truck carrying electronic goods worth Rs 26 crore belonging to Samsung in southeast Delhi's Kalindi Kunj area, police said. #NewsTracker #Samsung Electronics #Delhi Police #Crime #Samsung #Apollo Hospital #Kalindi Kunj
SoftBank group in talks to buy up to $1 bn stake in Micromax, say sources

Mar 26, 2015

SoftBank group in talks to buy up to $1 bn stake in Micromax, say sources

The investment would value Micromax, an unlisted provider of affordable smartphones that competes with South Korea's Samsung Electronics Co, at around $5 billion, the people said. They did not want to be named because the talks aren't public. #Business #CompanyWatch #Samsung Electronics #SoftBank Corp #Sequoia Capital #TA Associates #Micromax Informatics
Samsung in talks with state govts to expand business in India

Mar 06, 2015

Samsung in talks with state govts to expand business in India

Samsung may invest between $500 million and $1 billion in the new plant. #Business #South Korea #CompanyWatch #Samsung Electronics