Samsung Buys 10% Stake in Pantech for $48 Million
Samsung today confirmed that it has made a $48 million investment in competitor Pantech, which gives it 10% ownership of the company. "The investment is aimed at solidifying our relationship with Pantech, a key component customer of Samsung," said the company in a statement. "Samsung will have no involvement in Pantech’s business management in any way or form." The two competitors already collaborate on semiconductor and display technologies. Pantech sells a mix of feature phones and smartphones in the U.S. through AT&T.
Jun 15, 2020
Samsung's new mid-range 5G phone, the Galaxy A71 5G, will be available from T-Mobile and Sprint this Friday for $600. Samsung has also made it official that both Verizon and AT&T will offer the phone "later this summer", and that it will also be available unlocked.
Apr 8, 2020
Samsung has a slew of new phones coming to the US in its more-affordable A-series, including one launching tomorrow for $110, and a 5G model launching this summer for $500. Galaxy A01 : One of Samsung's most affordable phones at $110.
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When Samsung announced the Galaxy S10 Lite at the start of the year, there were no indications it would come to the US. But the FCC has just approved a variant of the S10 Lite that appears to be designed specifically for the US market.
Feb 26, 2020
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