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South Korean

Samsung raided over probe into corruption

SEOUL: South Korean prosecutors on Tuesday raided Samsung Electronics' headquarters as part of a probe into a damaging political scandal involving President Park Geun-Hye and her close personal friend. "We're searching Samsung …

Samsung sells printing unit to HP for $1.05 bn

NEW YORK: Samsung Electronics will sell its printer business to US computer maker HP, the companies said Monday, as the South Korean giant accelerates restructuring efforts amid a generational power transfer in the founding Lee family.