Samsung Electronics will acquire Samsung Display’s entire stake in Chinese panel maker TCL CSOT, bolstering LCD supply ties for its TV business as the display subsidiary focuses on high-end OLED panels. Samsung Electronics said in a regulatory filing on Friday that it would buy the 10.16 percent stake for about 1.27 trillion won ($950 million). It cited “strengthening strategic cooperation” as the purpose of the acquisition. Samsung Display acquired the shares as part of the sale of its Suzhou L
Samsung takes over display unit’s China stake to bolster LCD ties

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