In a deal valued at potentially over $40 billion, rumors surfaced that Biogen may be acquired by Samsung. Shares of the U.S. based drug maker soared 8.9% in afternoon trading on Wednesday after the Korea Economic Daily reported that Biogen is in talks to be acquired by South Korea-based conglomerate Samsung Group. Citing investment banking … Continue reading “Biogen Shares Explode on Talks that Company is to be Bought by Samsung”
Tag: Samsung
Samsung to Build $17B Semiconductor Factory in Texas
As the United States looks to expand in semiconductor expansion, Samsung has announced its commitment…
November 26, 2021
Company News
Samsung to Bring Back the Flip Phone with the Galaxy Z Flip3 5G
Samsung got nostalgic with its latest expected phone release. The phone maker has brought back…
August 12, 2021
Company News
Samsung Related Groups Plummet After Jay Y Lee is Sentenced Again to Jail
Shares of groups connected to South Korea's conglomerate Samsung Group were falling heavily on Monday…
January 18, 2021
Samsung’s Quarterly Profit Falls 56%
It wasn't a day of celebration for Samsung after it reported financial results this week…
October 31, 2019
Company News
Samsung Shares Fall on Disappointing Second Quarter Results
Samsung Electronics shares were falling on Tuesday after the world’s largest smartphone maker reported second…
July 31, 2019
Samsung Delays Shipment of Folding Smartphone After Faulty Testing Units
Many have been very excited about Samsung's nearly $2000 folding smartphone and may be disappointed…
April 23, 2019
Samsung’s Expensive Fold-able Phone is Already Breaking
With a hefty price tag of nearly $2,000, you would think that Samsung's fold-able phone…
April 17, 2019
Samsung Accidentally Leaks Details on New Galaxy Note 9
Many Samsung fans are awaiting the company's newest Galaxy Note 9, which is expected to…
August 4, 2018
Samsung Chief is Sentenced to Five Years in Prison
Billionaire chief of Samsung, Lee Jae-yong, has been found guilty by the Seoul Central District…
August 25, 2017
Samsung Launches Galaxy Note 8 Smartphone
The successor to the Note 7 is finally here and considering the ill fate that…
August 23, 2017
The Launch Of Galaxy S8 Is The Best Samsung Has Ever Seen
According to Samsung, the launch of the Galaxy S8 out pacd the Galaxy S7 by…
April 24, 2017
Foldable Smart Phones May Be Headed Our Way In 2019
According to a Samsung engineer, fold-able smartphone displays will be ready for mass consumption just…
April 4, 2017
Samsung’s Head May Be About To Be Arrested For Corruption Scandal
Samsung Group's chief Jay Y. Lee is not starting the week off well as South…
January 16, 2017