Baku – APA-Economics. South Korean tech giant Samsung says it has sold stakes it held in four other companies in order raise money "to focus on its core business", BBC News reported.
The company has shares in four companies raising more than 1 trillion won ($888.9m; £681m).
Samsung sold shares in US chipmaker Rambus and hard drive producer Seagate, Dutch semiconductor firm ASLM and Japan's Sharp.
The firm sold off half of a 3% stake it held in ASML, and its entire stakes in the other three companies for "efficient management of assets," it said.
It had held a 4.2% stake in Seagate, 4.5% of Rambus, and 0.7% of Sharp.
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