South Korean conglomerate Samsung has recently not been very successful in the smartphone segment, the sale of which brings a significant portion of revenues in recent years. Even with the successful development of the company's need to stimulate priorities and work for the future, so the Korean giant is willing to spend more money to buy him the necessary assets and development. This was stated by the head of profile investors divisions Samsung Electronics, as reported by Reuters.
At the end of last year, Samsung has reserves of cash in the amount of $ 56 billion. Although the shareholders would like to see some of these funds in their pockets after payment of dividends and share buybacks, the management Samsung makes it clear that it is more important to stimulate the development of the company at the expense of these funds. Some of them in the foreseeable future can be spent on the acquisition of assets, which represent a certain value for the development of core activities Samsung. Third-party sources explained that this year Samsung may reduce the size of the dividend and the cost of share buybacks.
Over the past two years, Samsung has managed to conclude 10 transactions involving the acquisition of certain assets. We must understand that the intensity of shopping right now assets increase. Such a change of priorities can say that Samsung does not want to waste time on organic growth and seeks the most valuable technology to get through their purchase together with the developers or any other commercial terms.