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Samsung borrows from subsidiary to secure working capital

Jessica Tsai, Taipei; Misha Lu, DIGITIMES Asia Wednesday 15 February 2023 0

Credit: DIGITIMES

As industry downturn persists, Samsung Electronics has decided to make an exception and borrow 20 trillion won (approximately US$15.637 billion) from its subsidiary Samsung Display (SDC) in order to secure working capital, which has garnered much att...

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