Samsung Elec will consider M&A when appropriate: executive
Boo-Keun Yoon, president and CEO of Samsung consumer electronics, speaks during his keynote at the International Consumer Electronics show (CES) in Las Vegas, Nevada January 5, 2015.
Credit: Reuters/Rick Wilking
SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd will consider mergers or acquisitions when the right opportunities arise, the company’s co-chief executive said on Tuesday.
Yoon Boo-keun, head of Samsung’s consumer electronics business, also said during a press conference that new home appliances products launching this year will be loaded with the company’s Tizen operating platform as part of the company’s push into the Internet of things.
(Reporting by Se Young Lee; Editing by Stephen Coates)