US Edition"Opportunity to Show Korea's Presence in the Japanese Home Appliance market"...samsung and Lg Aim to Acquire Hitachi Appliances
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Samsung Electronics and LG Electronics have entered into a deal to acquire the Japanese home appliance division of Hitachi, Ltd. This marks Samsung's first attempt in 18 years since its withdrawal from the Japanese home appliance market in 2007. For LG, this represents a golden opportunity to expand its home appliance business in Japan. This marks the beginning of a new partnership between Korean and Japanese industries, facing growth limitation…
·Seoul, Korea, Republic of
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