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Samsung Electronics to Sell Fibre Optics Business to Corning Inc

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South Korea’s Samsung Electronics Co Ltd said on Tuesday that it will sell its fibre optics business to US glass panel supplier Corning Inc , without disclosing terms of the sale.

The sale will include Samsung Electronics’ production facilities for the business in China and South Korea, the company’s spokeswoman said. She declined to comment on details of the sale, including the price. Original post at ET Telecom

Wahengbam Rorrkychand

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