Samsung Electronics says sold shares in four companies

Farhan Abro September 18, 2016

Less than a minute

South Korean tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in ASML Holding NV, Rambus Inc, Seagate Technology and Sharp Corp.

Samsung said in a statement it sold about half of its shares in ASML while selling its entire 4.2 percent stake in Seagate, its 0.7 percent stake in Sharp and its 4.5 percent stake in Rambus.

The company did not disclose financial terms of the share sales.

Farhan Abro

Hello! My name is Farhan Abro, and I'm based here in Islamabad. My journey in Pakistan's digital media really kicked off when I founded INCPak back in 2012. We built it from the ground up, driven by an entrepreneurial spirit, to be a trusted voice for independent journalism. But while media is a big part of who I am, I'm also shaped by a fascinating mix of other passions. I'm deeply into automotive, which gives me a technical edge, but I also find my artistic expression through landscape photography and music. And I'm always diving into the exciting world of Artificial Intelligence. Bringing all these different worlds together the technical, the creative, the journalistic, and the entrepreneurial—it really colors how I see things and approach every project. It gives me a distinct perspective that I try to bring to everything I share