Samsung sells off shares in four tech firms

• As it grapples with a massive global smartphone recall that is estimated to cost more than $1B, Samsung Electronics (OTC:SSNLF) is moving swiftly to sell stakes in other tech companies to raise cash.
• The Korean firm said Sunday it disposed of shares in ASML, Seagate (NASDAQ:STX), Rambus (NASDAQ:RMBS) and Sharp (OTCPK:SHCAY).
• Total proceeds from the sales exceeded 1T won ($889M).