Samsung Elec says will continue looking for M&A opportunities


Samsung Electronic's Galaxy S8 and S8+ are displayed at its store in Seoul, South Korea, April 27, 2017. REUTERS/Kim Hong-Ji

Tech giant Samsung Electronics Co Ltd will continue looking for acquisition opportunities, a company executive said on May 22, as the firm seeks to build software and services to further differentiate its products. 

"We are going to be bullish on finding companies that fit our strategy," Peter Koo, a senior vice-president for Samsung's mobile division, said during an investor event in Hong Kong. He did not elaborate on specific targets or technologies that Samsung is looking to acquire. 

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