Posted by A Ocean on May 23, 2013 ·
South Korean giant Samsung has bought a 10 percent stake in rival and South Korea’s third largest mobile phone company Pantech according to reports by TheNextWeb .
The purchase was done for a reported sum of 53 billion won or $48 million, Pantech is also Samsung’s component customer, this deal will solidify the relationship between the South Korean companies and help joint research and development.
Samsung’s [...]