Will Samsung use some of its US$63b cash pile on tech takeovers?
Acquisitions will provide Samsung with software to help its products communicate
Seoul
WHETHER Samsung Electronics Co has BlackBerry Ltd in its sights, it should spend some of its US$63 billion of cash on takeovers.
Samsung, which has an alliance with BlackBerry, this month denied reports that it had proposed buying the Canadian smartphone maker for as much as US$7.5 billion. Even so, a takeover would give Samsung the software to help its products communicate, according to Current Analysis Inc.
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