Samsung's growing appetite for mergers and acquisitions, Samsung Electronics said it has acquired a US manufacturer of LED screens small businesses.
Samsung acquisition is located in Utah YESCO Electronics Corporation, the company specializes in the manufacture of digital signage and information badges, did not disclose the specific price.
Samsung's own production of some key components for electronic products, and its use on flat screen TVs and smartphones are from its display panel manufacturing sectors. Samsung LCD displays are produced mostly LED screen.
"Samsung will cooperate with YESCO Electronics production for a variety of extreme conditions, rugged display," Samsung said in a statement.
This acquisition is the Samsung in recent months seemingly unrelated M & A transactions together.
February, an unknown price Samsung acquired US mobile payment start-up companies LoopPay to enhance its flagship phone Galaxy S6 of software experience.
A week ago, Samsung, Samsung SDI said battery manufacturing subsidiary of Magna International in Austria will acquire battery pack manufacturing sector, in order to expand its influence in the electric vehicle battery market. Samsung said Magna car battery department, the production base and the signing of the contract with Magna All 264 employees will be integrated into Samsung's arm.
Samsung has also recently acquired Brazil's largest printing companies Simpress, thereby expanding its market in Latin America.
At the end of December, Samsung has $ 56 billion in cash reserves. In recent years, this has always been a conservative South Korean company acquired several mobile phones can enhance their core business and market position in consumer electronics technology companies.
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