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Wednesday, April 7, 2010 as of 11:14 AM ET

Samsung

Samsung Group (; , informally Samsung) is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul.

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Samsung Card To Sell 3.64% Stake In Samsung Everland To Everland

Samsung Card (029780.

SE) will sell its 3.64% stake in unlisted affiliate and amusement-park operator Samsung Everland for KRW165.85 billion ($140.5 million) to Samsung Everland on June 11, the credit-card firm said Thursday.Samsung Everland is considered to be the de facto holding company of the nation's largest conglomerate, Samsung Group.The move comes after the national financial regulator ordered Samsung Card to cut its 8.64% stake in Samsung Everland to less than 5% by Aug. 16. Samsung Card had been unable to meet an earlier late-April deadline to meet the restrictions owing to poor market conditions created by the euro-zone crisis.Korean law has prohibited since 1997 financial companies from owning 5% or more of non-financial firms.The planned sale of 91,124 shares in Samsung Everland will cut Samsung Card's ownership to 5%, Samsung Card said in response to Korea Exchange's request to explain speculation that Samsung Card will sell the ownership deemed excessive.Samsung Card acqu...

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  1. Samsung Life: Decided Not To Bid For ING's Asia Life Insurance Business

    Samsung Life Insurance Co. (032830.SE) said Thursday that it has decided not to participate in the preliminary bidding for ING Groep's (ING) life insurance business ...

  2. Samsung Not Seen Quaking in Boots Over Apple-Elpida Report

    Apple Inc will struggle to cut its reliance on rival Samsung Electronics for component supplies, analysts and industry sources said on Thursday, despite speculation ...

  3. Microsoft's 'Signature' PCs Provide Better Experience: Mossberg

    Tired of bloatware slowing down the PCs you buy? You've probably never heard of it, but an offering from Microsoft (NASDAQ:MSFT) could save you a lot of time and fru...

  4. Mossberg: Microsoft Signature PCs a Cleaner Experience

    WSJ Personal Technology columnist Walt Mossberg weighs in on Microsoft Signature.

  5. Report: New iPhone to Have Larger Screen

    Apple Inc (NASDAQ:AAPL) plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea a...

  6. Samsung Ousts Nokia as Top Mobile Handset Vendor

    Samsung Electronics Co. (005930.SE) snatched the title of world's largest mobile handset vendor from Nokia Corp. (NOK) in the first three months of the year, confirm...

  7. HTC EVO 4G LTE Launch Delayed Due to Customs Review

    HTC Corp. (2498.TW) said Wednesday the launch of a new smartphone in the U.S. will be delayed, due to a customs review required after the International Trade Commiss...

  8. Android Seeing Big Gains in Market Share, Survey Finds

    Google's Android smartphone software stretched its market lead in early 2012, helped by new models from handset makers like Samsung and HTC and piling the pressure o...

  9. Sony, Panasonic in Talks to Make OLED TVs: Reuters

    Sony Corp and Panasonic Corp are in talks to develop the technology to mass produce next-generation OLED televisions, sources close to the matter said on Tuesday, bu...

  10. US Appeals Court Issues Mixed Ruling In Apple-Samsung Patent Case

    In a mixed ruling, a federal appeals court on Monday revived Apple Inc.'s (AAPL) bid to block U.S. sales of Samsung Electronics Co.'s (005930.SE, SSNHY) Galaxy Tab t...

  11. Samsung Life Signs MOU With Dubai Firm To Seek Business Opportunities

    Samsung Life Insurance Co. Ltd. (032830.SE) has signed a legally non-binding memorandum of understanding with the Investment Corporation of Dubai, in a step toward f...

  12. Court Revives Apple Claim on Samsung Tablets

    A U.S. appeals court ruled on Monday that Apple Inc could press its bid for an immediate injunction to block the sale of some tablet computers made by Samsung Electr...

  1. $199 Smartphone Costing You More Than a $650 Phone Would?

    If T-Mobile's Chief Marketing Officer, Cole Brodman, could change one thing about the mobile phone industry it would be making customers fork up more money for smart...

  2. HTC's EVO 4G LTE Phone Passes US Customs Review - Source

    Taiwanese mobile phone maker HTC Corp. (2498.TW) could make further inroads into the U.S. market, after a person familiar with the situation said Tuesday HTC's lates...

  3. Apple Still an Attractive Stock to Investors?

    Sanibel Capitva Trust Company’s Pat Dorsey and Steel Vine Investments founder Spencer Patton on the outlook for the markets and where investors should look to invest.

  4. Some HTC Phones Released From Customs After Apple Patent Ploy Stalls Shipments

    HTC on Sunday announced that some of its smartphones have already been inspected by United States Customs and have been released to carriers. The Taiwan-based vendor...

  5. HTC Makes Progress Through US Customs On Smartphone Shipments

    Taiwanese mobile phone maker HTC Corp. (2498.TW) said Monday that its handsets are slowly making their way into the U.S. market, even though every model now has to g...

  6. Defying Sluggish Global Trend, 1Q Mobile Sales Grow 16% In MEA -Gartner

    Defying signs of a global slowdown, sales of mobile devices in the Middle East and Africa rose 16% in the first quarter, fueled a growing appetite for smartphones, w...

  7. New Samsung Phone Shipments Ahead Of Plan: Broker

    Samsung Electronics Co.'s latest 3G handset is set to reach a milestone of unit shipments faster than had been anticipated, according to research by Macquarie Securi...

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