October 17, 2018 / 2:36 AM / a month ago

Samsung Electronics buys AI tech firm Zhilabs to boost 5G capabilities

SEOUL, Oct 17 (Reuters) - Samsung Electronics Co Ltd said on Wednesday it had acquired artificial intelligence technology firm Zhilabs to enhance its 5G capabilities, marking a major push into the 5G market.

Zhilabs will continue to operate independently under its own management, Samsung said in a statement.

Samsung did not disclose financial terms of the deal. (Reporting by Heekyong Yang; Editing by Gopakumar Warrier)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below