Reported about 12 hours ago
Samsung Electronics has announced its intention to acquire German cooling system manufacturer FlaktGroup for 1.5 billion euros ($1.68 billion) to cater to the increasing demand for data center cooling solutions, particularly amid the AI project surge. This marks Samsung's most significant acquisition in eight years, although analysts suggest it may not significantly impact the company's core chip business growth, as it focuses more on enhancing its consumer electronics division.
Source: YAHOO