CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has acquired Samsung Electronics Co Ltd’s printer business in a deal valued at $1.05 billion.
A
HP
B
Lenovo
C
Intel
D
Canon
Explanation: 

Detailed explanation-1: -Tech giant HP on Monday announced its acquisition of Samsung’s printer business in a deal valued at $1.05 billion.

Detailed explanation-2: -(NYSE: HPQ), the world leader in printing, today announced the completion of its acquisition of Samsung Electronics Co., Ltd.’s printer business in a deal valued at $1.05 billion. A3 represents HP’s largest growth opportunity in business printing.

Detailed explanation-3: -Samsung has announced it’s selling off its printer business to HP for $1.05 billion. HP says it wants to use the purchase to “disrupt and reinvent” the $55 billion copier industry, which “hasn’t innovated in decades."

Detailed explanation-4: -In short, HP took the Samsung-branded device it acquired and put its own brand name on it.

Detailed explanation-5: -Samsung Copiers for a Complete Office Suite That’s because the same high-resolution graphics and text are available in scan, copy, and fax as well as the standard prints. If you want a machine that can do it all – and do it all with a polished, professional finish – Samsung is a great way to go.

There is 1 question to complete.