Samsung acquires 10% stake in Pantech for $47.6 million

Samsung has purchased a 10% stake in South Korean rival Pantech in a deal that sets it back some 53 billion won ($47.6 million). While the move has raised concerns over potential anti-trust issues, Samsung was quick to release a statement that it will have "no involvement in Pantech's business management in any way or form," instead using the deal to strengthen ties between the two...

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