Samsung aims to boost devices through startup buys

06/17/2013 | Bloomberg

Samsung Electronics wants to put more muscle behind its smartphones and tablets by acquiring software and content startups in such areas as health, education and communications in order to bring more features to its devices. "We have an early investment group that invests in early-stage companies and we are doing acquisitions as well. In addition, we’re setting up incubators in Silicon Valley and New York to incubate our own startup,” Executive Vice President David Eun said Monday.

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