Samsung Could Be Selling This Business to HP for $1.8 Billion

Art PostAdmin VIP

Report says announcement could come next week.

Samsung Electronics is considering selling its printer business to HP in a deal worth around $1.8 billion as the South Korean company shifts focus to its core businesses, the reported Friday.

The paper, citing an unnamed senior Samsung source, said the Korean firm will likely announce a decision on the potential sale by next week.

A Samsung spokesman said the company does not comment on rumors or speculation. HP’s office in Seoul could not be reached immediately for comment. read the rest here

9/10/1611:52 AM

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