Menu
Trending: Super Bowl 2015 Ads for Geeks More Topics: Apple | Cars | TV Shows | Politics
Watch all Super Bowl 2015 Ads Online Sexiest Super Bowl 2015 Ad: Carl's Jr. Superbowl Ad with Charlotte McKinney Bud Light Super Bowl 2015 Ad Life-Sized PacMan Budweiser Super Bowl 2015 Ad Lost Dog Budweiser Super Bowl 2015 Ad Beer Run All Super Bowl 2015 Advertisers All Celebrities that appear in Super Bowl 2015 Commercials All Super Bowl 2015 Ad News, Teasers and Super Bowl Highlights
Carl's Jr. Super Bowl 2015 Ad stars Charlotte McKinney

Carl's Jr. Super Bowl 2015 Ad stars Charlotte McKinney

Budweiser Super Bowl 2015 Ad Beer Run stars a Clydesdale

Budweiser Super Bowl 2015 Ad Beer Run stars a Clydesdale

Microsoft's HoloLens starts the Era of Holographic Computing

HoloLens starts the Era of Holographic Computing

Budweiser Super Bowl 2015 Ad Lost Dog Teaser Released

Budweiser Super Bowl 2015 Ad Lost Dog Teaser Released

Victoria's Secret Super Bowl 2015 Ad is Online

Victoria's Secret Super Bowl 2015 Ad is Online

Samsung Buys 10% Stake in Pantech

May 22 2013, 7:50am CDT | by , in News | Technology News

Samsung Buys 10% Stake in Pantech
 
 

The South Korean colossus, Samsung has bought a 10% stake in Pantech, a handset manufacturer. This buying of a chunk of Pantech could supplement Samsung’s pre-existing, pre-eminence among the world’s leading technological multinationals.

While Samsung happens to be a big player on the field, Pantech is not exactly a small-time fellow either. As the third largest handset maker on the South Korean scene, it wins kudos as a need-provider par excellence. That’s why when Samsung suddenly decided to acquire a 10% share in the company it was lauded as a step in the right direction. This is one partial acquisition that will have a salubrious effect on Samsung’s economic vital signs. Both companies will cooperate in the manufacture of much valued hardware.

According to The Next Web, the real deal was signed, sealed and hopefully it will deliver in the future. In order to maintain a solid relationship without any conflict of interests, Samsung has opted to be a passive onlooker rather than a meddlesome doer. This policy of no involvement is best for both sides. The two have previously collectively created semiconductors as well as display businesses. Pantech has already spent $211 million on the purchase of device components from Samsung. In the capacity of being the world’s most extensive smart phone producer, Samsung spent a little less than $48 million on the share transaction.

Pantech meanwhile may be quite famous in South Korea but it lacks exposure on a global level. Now that situation may change thanks in no small part to Samsung. This deal will make Samsung one of the big three stakeholders of Pantech. The other two besides Samsung in this trio are Qualcomm Incorporated and Korea Development Bank. The financial state of Pantech will improve and as for the investors they will be automatically attracted once growth and productivity hit the high water mark. Before this landmark decision, Pantech was a local hero of sorts. But now it will make it to the exclusive club of global giants within a few years. The two were in competition before as well. Now the bitterness has gone and along with it any feelings of ill will.

Samsung with its intensely creative motto of “everyone’s invited” has always kept its morale up there in the stratosphere with the likes of Apple and Google. Its sophisticated electronic goods and beautiful smart phones have wowed target audiences on a worldwide level. With this fractional acquisition it can bury the competitive past and get on with its usual business of technological innovation.

Image Credit: Getty Images

Watch the Best Super Bowl 2015 Ads Online

You Might Also Like

Read the Latest

Victoria's Secret Super Bowl 2015 Ad is Online

Victoria's Secret Super Bowl 2015 Ad is Online Watch the sexiest Super Bowl 2015 Ad now. The Victoria's Secret Super Bowl 2015 commercial has been released...

3 hours ago

Cara Delevingne becomes the IT Girl for TAG Heuer

Cara Delevingne becomes the IT Girl for TAG Heuer Cara Delevingne becomes the new brand ambassador for TAG Heuer scoping on her “IT-ness” to reach out to the youth.

4 hours ago

Super Bowl 2015 Ads
Patriots Win Super Bowl 2015 in Madden NFL 15 Super Bowl Prediction

Patriots Win Super Bowl 2015 in Madden NFL 15 Super Bowl Prediction The Patriots get a lot of heat for #DeflateGate right now, but in the end they win the Super Bowl 2015 says the Madden...

6 hours ago

BMW Super Bowl 2015 Ad stars Katie Couric and Bryant Gumbel

BMW Super Bowl 2015 Ad stars Katie Couric and Bryant Gumbel Watch the just released BMW Super Bowl 2015 Ad staring former Today Show hosts Katie Couric and Bryant Gumbel.

6 hours ago

T-Mobile introduces SCORE to offer Deep Discounts on Smartphones for just $5 per Month

T-Mobile introduces SCORE to offer Deep Discounts on Smartphones for just $5 per Month This new program will give access to discounts on one’s smartphone.

7 hours ago

SAG Awards 2015 Highlights: Birdman wins Big Time

SAG Awards 2015 Highlights: Birdman wins Big Time The Birdman’s cast won the best performance awards with a little slip on stage while accepting the award.

7 hours ago

Google to show NFL Video Highlights on YouTube and in its Search Results

Google to show NFL Video Highlights on YouTube and in its Search Results From now on people will be able to see NFL highlight clips on YouTube as well as in Google search results.

8 hours ago

Apple hopes for Apple Pay success

Apple hopes for Apple Pay success Consumer will deem its success

8 hours ago

Gearbox to launch Homeworld Remastered Collection on February 25

Gearbox to launch Homeworld Remastered Collection on February 25 The mother company, Gearbox Software, will launch its Homeworld Remastered Collection by the end of February. It will...

9 hours ago

Signs show March debut for Apple Watch

Signs show March debut for Apple Watch Top analyst says it should happen

9 hours ago

Top analyst predicting hot iPhone sales

Top analyst predicting hot iPhone sales Apple numbers to be released Jan. 27th

9 hours ago

Apple's Next-Generation iPhones to come with Samsung's A9 Chips

Apple's Next-Generation iPhones to come with Samsung's A9 Chips Samsung will reportedly supply majority of Apple’s A9 chips that will be used in next generation iPhones.

9 hours ago

#Blizzardof2015 could be the Worst Ever Storm

Blizzard of 2015 could be the Worst Ever Storm The northeastern region of the United States gets ready for the #Blizzardof2015, a cold crisis of winter that is about...

9 hours ago

Tom Brady Shares Cool Patriots Friday Night Lights Mash-Up Video to Shift Focus to Super Bowl

Tom Brady Shares Cool Patriots Friday Night Lights Mash-Up Video to Shift Focus to Super Bowl New England Patriots quarterback Tom Brady posted a dramatic video on Facebook on the weekend that shifts the focus to...

10 hours ago

Rowan Atkinson is Selling $15 Million Car

Rowan Atkinson is Selling $15 Million Car Mr. Bean actor Rowan Atkinson is expecting to sell his beloved Mclaren F1 for approximately $15 million.

10 hours ago

Six Super Bowl 2015 Ads Released Online

Six Super Bowl 2015 Ads Released Online One week ahead of the Super Bowl 2015 there are six fully released Super Bowl 2015 Ads online.

10 hours ago

George Clooney put on a strict diet by Amal Alamuddin

George Clooney put on a strict diet by Amal Alamuddin It seems that George Clooney is facing pressures from his wife Amal to be a father and go on a diet too. He is one...

10 hours ago

Australian Open 2015: Serena Williams beats Muguruza to play against Cibulkova

Australian Open 2015: Serena Williams beats Muguruza to play against Cibulkova Serena Williams faces Cibulkova in the Australian Open 2015 quarterfinal.

11 hours ago

Nye Refutes Pats' Story: Bill Nye explodes Patriots Balls Deflate-Gate Myth

Bill Nye explodes Patriots Balls Deflate-Gate Myth: Nye Refutes Pats' Story The scientist Bill Nye has exploded the Patriots balls deflate-gate myth, which was perpetrated by Bill Belichick.

12 hours ago

Miss Universe is Paulina Vega from Columbia

Miss Universe 2015 Winner is Miss Columbia Paulina Vega The Miss Universe title for 2015 went to Paulina Vega who hails from Columbia.

13 hours ago

Cablevision introduces its All-WiFi Mobile Phone Service 'Freewheel' for $29.95 per Month

Cablevision introduces its All-WiFi Mobile Phone Service 'Freewheel' for $29.95 per Month The cable operator will be launching a low-cost mobile phone service called Freewheel which is based only on Wi-Fi...

13 hours ago

Microsoft Super Bowl 2015 Ad

Microsoft Super Bowl 2015 Ad Microsoft is back again in the Super Bowl Ad line up after debuting in 2014 with a very emotional superbowl ad with a...

14 hours ago

SNL and Bill Nye take on DeflateGate in now Viral Videos

SNL and Bill Nye take on DeflateGate in now Viral Videos The cold open of Saturday Night Life went viral. It took on the DeflateGate. Watch Taran Killam as Tom Brady and Beck...

14 hours ago

Tap Titans

Tap Titans A tap is all that matters on all these high-end smartphones. Tapping has been an essential part of all the games that...

15 hours ago

Shadowmatic

Shadowmatic Shadowmatic is a puzzle game, but it’s not any normal puzzle game - it’s quite different from all those puzzle games...

15 hours ago

Tesla Wars II

Tesla Wars II Tesla coils have been seen in many great console games for a long time now but in mobile games,the use of tesla coils...

15 hours ago

Bill Belichick Insists New England Patriots 'Have Absolutely Followed Every Rule

Bill Belichick Insists New England Patriots 'Have Absolutely Followed Every Rule to the Letter' New England Patriots head coach Bill Belichick called a surprise press conference on Jan. 24 to clear the air on the...

17 hours ago

NFLPA Advises Players Not To Discuss DeflateGate Scandal

NFLPA Advises Players Not To Discuss DeflateGate Scandal The National Football League Players Association (NFLPA) has advised its players not to talk about the "...

19 hours ago

'The Hunting Ground' illuminates administrator silence on college sexual assault

'The Hunting Ground' illuminates administrator silence on college sexual assault 'The Hunting Ground' attempts to offer college women silenced over sexual assault a voice. Included in the...

21 hours ago

Expect More Victims of Disneyland Measles Outbreak

Expect More Victims of Disneyland Measles Outbreak In 2000, the measles was thought to be eliminated, but in recent years numbers have been high. Disneyland measles...

1 day ago, 3:22pm CST

Comments

blog comments powered by Disqus