Samsung is said to be considering potential M&A candidates

  • Samsung Electronics (OTC:SSNLF) is said to be looking at potential candidates in the automotive semiconductor segment after its recent investment in a new fab.
  • Samsung, as has been reported previously, has looked at a potential purchase of NXP Semiconductors (NASDAQ:NXPI) several times since 2016, though the companies haven't been able to come to terms on a price, according to a DongA report. NXPI's "ransom price" is estimated to be between 60 trillion won and 80 trillion won, though antitrust would still be a huge issue if an agreement could be reached.
  • Other potential targets for Samsung could include Texas Instruments (NASDAQ:TXN), Japan's Renesas Electronics (OTCPK:RNECF) and STMicroelectronics (NYSE:STM), according to DongA.
  • Recall late August, Samsung unlikely to target NXP Semiconductors for acquisition.
  • The Korea Times also reported in early February that Samsung wanted to acquire an auto chip company with NXP, Infineon (OTCQX:IFNNY), Renesas (OTCPK:RNECF) and Texas Instruments (TXN) among potential targets.

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