Samsung to acquire shares in Corning<img src="http://cdn.gsmarena.com/
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/newsimg/13/10/samsung-corning-deal/thumb.jpg" width="70" height="92" hspace="3" alt="" border="0" align=left style="background:#333333;padding:0px;margin:0px 4px 0px 0px;border-style:solid;border-color:#aaaaaa;border-width:1px" /> <p>Early last year display maker Samsung and rugged glass maker Corning announced a joint venture called Samsung Corning Precision Materials (SCP). Now, less than two years later, the two companies are growing even closer.
The end result of a somewhat complicated transaction is that Samsung will own a 7.4% stake in Corning. Here are the details on the deal: Samsung currently owns 43% of SCP and...</p>
Source: Samsung to acquire shares in Corning (http://www.gsmarena.com/samsung_to_acquire_74_of_corning-news-7037.php)