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Posts Tagged ‘Samsung Electronics Co Ltd’

Samsung Electronics Co Ltd said on Tuesday it had acquired U.S. It is the South Korean firms second such acquisition within a week after it said on Friday it had purchased SmartThings, a U.S.-based platform developer which builds apps that allow users to monitor, control and automate devices at home. So-called smart homes enable users […]

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Samsung Electronics Co Ltd will buy SmartThings, a startup backed by PayPal co-founder Max Levchin that helps connect household devices, one of its largest U.S.-startup acquisitions to date. The South Korean electronics maker joins fellow technology heavyweights Apple Inc and Google Inc in exploring ways to integrate connected household gadgets such as thermostats and lights […]

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By Se Young Lee and Sohee Kim SEOUL (Reuters) – As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd is under pressure to reinvent itself – to be more innovative, but not lose the rigor and focus that made it a global powerhouse. The flagship of South Koreas dominant […]

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