Quantum Materials Corp. (fka QTMM)

[Jamis1]

Company's TV chief says it eyes on acquisitions

Eyeing acquisitions

Meanwhile, the company's television chief said Samsung, which is also the world's biggest TV manufacturer, is in discussions for another acquisition deal to put "innovative DNA" into its electronics business.

"Open Innovation is the top phrase being embraced by the industries. Samsung Electronics is eyeing more mergers and acquisitions (M&A) deals," Kim Hyun-seok, president of the company's visual display division, told reporters.

Since May last year, Samsung acquired eight companies.

Kim said Samsung has plans to fill out its weaknesses by purchasing companies that have competitive patent portfolios and a qualified workforce.

The Samsung president said its first quantum dot TV models are being distributed to major outlets and channels, globally.

"Therefore, it's too early to talk about the sale of our SUHD TV, the brand name of our quantum dot TV," Kim told reporters.

He said the outlook for the global TV industry will be uncertain throughout this year. "As the global economy isn't that good, I don't know whether or not the demand for TVs will remain strong like before."

http://m.koreatimes.co.kr/phone/news/view.jsp?req_newsidx=175006

I know Steve has voiced the opinion of not desiring a buyout, but Samsung is a very diversified company with its fingers in displays and solar, among other technology. This is just a thought.