SEOUL: Samsung Electronics will sell its printer business to US pc maker HP, the organizations stated Monday, because the South Korean large quickens restructuring efforts amid a generational strength transfer inside the founding Lee own family.
HP stated it’s going to buy the unit for $1.05 billion and that the deal will enhance boom possibilities in the copier segment, whilst Samsung made clean the transaction turned into “part of the employer’s efforts to concentrate on its core business regions”.
Samsung’s printing unit has 6,000 personnel and published general sales of 2 trillion received ($1.8 billion) in 2015, the agency stated in its declaration Monday.
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