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Samsung Electronics’ Affiliate Acquires French AI Medtech Startup Sonio

Samsung Electronics’ Affiliate Acquires French AI Medtech Startup Sonio

SEOUL, May 8 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its medical equipment unit Samsung Medison Co. has acquired the French artificial intelligence medtech startup Sonio, as part of its effort to expand its AI-powered health care solution business. Samsung Medison entered into a share purchase agreement to acquire Sonio, which specializes in AI [...]

Samsung to Scale down Solar Cell Business While Strengthening Medical Device Area

Samsung to Scale down Solar Cell Business While Strengthening Medical Device Area

SEOUL, Oct. 7 (Korea Bizwire) — Samsung Group decided to withdraw its solar energy business in a five promising business list and add up a mobile solution field to the list. The leading conglomerate announced on October 5 that it was underway to restructure its five prospective business plan – medical devices, light emitting diode solar [...]

Samsung Electronics Mulls a Merger with Samsung Medison

Samsung Electronics Mulls a Merger with Samsung Medison

SEOUL, Sep. 3 (Korea Bizwire) – Samsung Electronics is reviewing an idea of merging Samsung Medison, an unlisted medical equipment maker. In a regulatory filing on September 2, Samsung Electronics said, “We are currently considering whether to pushing forward with a merger with Samsung Medison. We will disclose later as soon as detailed decisions are made.” The electronic [...]