Samsung Electronics (005930.KS) is considering selling its printer business to HP Inc (HPQ.N) in a deal worth around $1.8 billion (1.35 billion pounds) as the South Korean company shifts focus to its core businesses, the Seoul Economic Daily reported on Friday.
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The paper, citing an unnamed senior Samsung source, said the Korean firm will likely announce a decision on the potential sale by next week.
A Samsung spokesman said the company does not comment on rumors or speculation. HP’s office in Seoul could not be reached immediately for comment.