Huawei announced a series of innovative products and pioneering technologies under the theme "Fashion Next", at its ...

TikTok is launching in-app guided meditation exercises, the social network announced on Thursday. The company began testing ...

Samsung Electronics has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, ...

"With all the trade talk and all the negative headlines and the worries about layoffs and a looming recession, people forgot about the benefits to corporate profits from automation and AI" said Oliver ...

Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.

SEOUL (Reuters) - Samsung Electronics (005930.KS), said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 ...

Samsung Electronics is acquiring the German company FläktGroup, the largest air conditioning equipment manufacturer in Europe.South Korea’s largest conglomerate ...

FläktGroup was formed in October 2016 through the merger of DencoHappel, previously part of the Galapagos group, a Triton Fund IV investment, with the newly acquired FläktWoods. Under Triton's ...

Samsung, through its biggest acquisition in eight years, said it aims to tap demand for data centers for artificial intelligence (AI) projects, which require stable cooling.

Samsung is set to pay €1.5 billion ($1.68bn) to acquire air cooling systems vendor FläktGroup. Germany-based FläktGroup ...

The Japanese company reported higher quarterly earnings, supported by its music and movie businesses. The deal with U.S. biotech Septerna will see the companies develop pills to treat obesity, type 2 ...

Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it ...