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Samsung in talks to buy assets of Fiat's components unit: sources

The deal, which could be worth more than US$3b, will help lower Korean company's reliance on consumer electronics
Friday, August 5, 2016 - 05:50

Mr Lee is reshaping South Korea's biggest company amid a downturn in the smartphone business.


SAMSUNG Electronics Co is in advanced talks to buy some or all of the operations of auto-parts maker Magneti Marelli from Fiat Chrysler Automobiles NV, according to people familiar with the matter.

Samsung is particularly interested in Magneti Marelli's lighting, in-car

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