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Corning snaps up Samsung's fiber business, strengthens Asia-Pacific presence

2014-12-02 18:16:33| Industrial Machines - Topix.net

Corning is acquiring Samsung's fiber optics business, a move that will immediately enhance its presence in the growing Asia-Pacific market. Although the financial terms of the purchase were not disclosed, Corning will get Samsung's fiber optic manufacturing base in Korea and China.

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