TAKING A NEW ROUTE: Samsung Electronics Co Ltd pledged to double its dividend yield, invest in new technology and boost marketing to topple Apple Inc in the mobile sector as it sought to ease investors' concerns over its sagging share price. — Reuters
SEOUL: Samsung Electronics Co Ltd pledged to double its dividend yield, invest in new technology and boost marketing to topple Apple Inc in the mobile sector as it sought to ease investors' concerns over its sagging share price.
The world's leading maker of smartphones, memory chips and televisions outlined its strategy on Wednesday at a rare meeting with analysts designed to reassure investors that it is listening to complaints about low returns and poor use of capital.
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