Huawei announced a series of innovative products and pioneering technologies under the theme "Fashion Next", at its ...

China on Thursday accused the United States of "abusing export control measures" and urged Washington to correct its ...

Samsung Electronics has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, ...

"With all the trade talk and all the negative headlines and the worries about layoffs and a looming recession, people forgot about the benefits to corporate profits from automation and AI" said Oliver ...

Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.

CMS draft expands drug price talks to include Medicare Part B drugs and outlines steps for future renegotiations; public ...

SEOUL (Reuters) - Samsung Electronics (005930.KS), said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 ...

Samsung Electronics is acquiring the German company FläktGroup, the largest air conditioning equipment manufacturer in Europe.South Korea’s largest conglomerate ...

FläktGroup was formed in October 2016 through the merger of DencoHappel, previously part of the Galapagos group, a Triton Fund IV investment, with the newly acquired FläktWoods. Under Triton's ...

Samsung, through its biggest acquisition in eight years, said it aims to tap demand for data centers for artificial intelligence (AI) projects, which require stable cooling.

Samsung is set to pay €1.5 billion ($1.68bn) to acquire air cooling systems vendor FläktGroup. Germany-based FläktGroup ...

Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it ...