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Samsung to Acquire FläktGroup for $1.7 Billion in Strategic Move to Strengthen Data Center Cooling Solutions

Samsung Electronics has announced its largest acquisition in eight years, unveiling plans to purchase German air conditioning and ventilation specialist…

Consumer Electronics

Samsung Experiences Second Consecutive Quarter of 95% Profit Decline

Samsung continues to face significant challenges as its Q2 2023 results show another staggering 95 percent year-over-year drop in profits.