[Concall] Samsung Electronics "Meaningful M&A within 3 Years... No Limits on Scope or Scale"

[Asia Economy Reporter Kim Heung-soon] Samsung Electronics stated on the 29th during its Q2 earnings conference call, "We have been preparing extensively for strategic M&A (mergers and acquisitions)." It added, "Due to the many internal and external uncertainties, it is difficult to specify the timing of execution, but as mentioned in January, we are positively considering the possibility of achieving a meaningful scale of M&A within three years." The company also said, "If it helps the company's continuous growth, we do not intend to limit the business area or scale," adding, "For example, we are reviewing various fields considered new growth engines such as artificial intelligence (AI), 5G, and automotive electronics."

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