Samsung CEO says company will pursue deals as it struggles for growth

Quick Summary:

The South Korean firm has been suffering from weak earnings and sagging share prices in recent quarters after falling behind rivals.

Shareholders of Samsung Electronics arrive at the venue of a general shareholders meeting in Suwon, South Korea, March 19, 2025.

Samsung Electronics shares were trading up 2.6 per cent, compared with the benchmark KOSPI’s 1 per cent rise as of 9.16am (0116 GMT).

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Article Details

Author / Journalist: Reuters

Category: Technology

Markets: Hong KongSouth Korea

Topics: South Meeting Samsung Year Stock Performance Last Prices Electronics Recent Shareholders

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 11:40:57 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 213 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27166952

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Official Website: scmp.com

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