Samsung Says It Sold Stakes in ASML, Seagate, Rambus and Sharp
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Samsung Electronics Co. said on Sunday it sold stakes in ASML Holding NV, Seagate Technology Plc, Rambus Inc. and Sharp Corp. to free up money and focus on its main business.
Samsung disposed of half its shares in ASML and its entire 4.2 percent stake in Seagate Technology, the Suwon, South Korea-based electronics maker said in an e-mailed statement. It also sold its 4.5 percent holding in Rambus and the 0.7 percent of Sharp stock that it owned, according to the statement, which didn’t provide further details.