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Chinese companies looking to acquire Samsung manufacturing partners

Chinese companies looking to acquire Samsung manufacturing partners
Chinese companies looking to acquire Samsung manufacturing partners
Aggressively expanding Chinese companies are looking at suppliers and factories in South Korea to fulfill LCD and semiconductor demands.

Chinese corporations such as BOE are looking to expand their supply of LCD displays and other technologies by acquiring existing manufacturers around the world. Such investments would allow even faster growth than building entirely new facilities from the ground up and analysts are seeing this as a threat to competing electronics companies like Samsung.

According to a South Korean report, Chinese companies are pressure on SK Hynix and other Samsung suppliers. Acquiring South Korean suppliers and engineers would simultaneously boost production volume of Chinese products while hampering other companies who rely on those same resources.

Samsung reportedly holds around 500 partnerships in Korea alone while LG and SK Hynix are also inextricably tied with around 500 and 1500 other firms, respectively. BOE had previously attempted to acquire Korean IC firms and SK Hynix, but ultimately failed and instead settled for supply contracts.

While Samsung and Apple are still big name manufacturers, Chinese companies like Xiaomi and Huawei are growing at a very rapid pace. Lenovo and Huawei in particularly have been outpacing Xiaomi to become part of the top 5 smartphone manufacturers in the world.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2015 12 > Chinese companies looking to acquire Samsung manufacturing partners
Ronald Tiefenthäler/ Allen Ngo, 2015-12-17 (Update: 2015-12-18)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.