Samsung keen
Source: Agencies |
January 13, 2012, Friday
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Print Edition
Print Edition
SAMSUNG Electronics is open to forging an alliance with Japan's troubled Olympus Corp, potentially joining other electronics firms in circling one of the world's biggest names in medical equipment, sources said.
Samsung's major Japanese rivals, Sony and Panasonic, have already shown interest in Olympus, now in need of capital after being swamped by a US$1.7 billion accounting scandal over the past three months, sources in Tokyo have said.
Samsung has ruled out any interest in Olympus' loss-making camera business, but a company source said yesterday that it might consider an alliance with Olympus in other areas.
Samsung's major Japanese rivals, Sony and Panasonic, have already shown interest in Olympus, now in need of capital after being swamped by a US$1.7 billion accounting scandal over the past three months, sources in Tokyo have said.
Samsung has ruled out any interest in Olympus' loss-making camera business, but a company source said yesterday that it might consider an alliance with Olympus in other areas.
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