Tag Archives: lighting

Samsung in Talks to Buy Fiat’s Magneti Marelli

A new Bloomberg report suggests Samsung is in talks with Fiat Chrysler to acquire some or all of parts-making subsidiary Magneti Marelli, which provides lighting, in-car entertainment and telematics to OEMs for use in their vehicles. The deal, which could be worth $3 billion according to Bloomberg’s sources, would help accelerate Samsung’s existing efforts to become a more important part

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