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Samsung Elec to continue looking for M&A opportunities

Published Mon, May 22, 2017 · 09:50 PM

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Seoul

TECHNOLOGY giant Samsung Electronics Co Ltd will continue looking for acquisition opportunities, a company executive said on Monday, as the firm seeks to build software and services to further differentiate its products.

"We are going to be bullish on finding companies that fit our strategy," Peter Koo, a senior vice-president for Samsung's mobile division, said during an investor event in Hong Kong. He did not elaborate on specific targets or technologies that Samsung is looking to acquire.

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