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Samsung Electronics set for $450m gamble on BYD

Mon, 07/25/2016 - 12:04 -- Paul Crompton
Samsung Electronics set for $450m gamble on BYD

China battery maker BYD is in talks to sell a 3billion yuan (around $449million) share of the company to a South Korean electronics firm. 

Samsung Electronics is set to confirm this week that it has successfully made play to enter the battery industry.

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