- Samsung Electronics (OTC:SSNLF) is in talks to acquire a stake in Chinese automaker BYD (OTCPK:BYDDY) to boost its chip business for electric cars.
- In December, the company created a team to develop automotive-related businesses, seeking a new growth engine to combat the slowing smartphone industry.
Samsung seeks stake in electric carmaker BYD
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Symbol | Last Price | % Chg |
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SSNLF | - | - |
Samsung Electronics Co., Ltd. |