Thursday, July 21, 2016

Samsung Buys Stake in Chinese Automaker After Being Turned Down as a Supplier

As the saying goes, if you can't sign a supply agreement with 'em, buy a part of 'em. That's clearly not a saying, but that's what Samsung Electronics Company just did with Chinese electric automaker BYD, handing over $440 million deal for a 1.9 percent stake in the company. According to Bloomberg, a Samsung subsidiary […]

The post Samsung Buys Stake in Chinese Automaker After Being Turned Down as a Supplier appeared first on The Truth About Cars.



from The Truth About Cars http://ift.tt/Jh8LjA

IFTTT

Put the internet to work for you.

Turn off or edit this Recipe

No comments:

Post a Comment

Archive