Samsung's board authorizes buying a 10.16 percent TCL CSOT stake

Samsung Electronics said on Oct. 30, 2026 that its board, on Oct. 29, authorized an off-market purchase of Samsung Display's stake in TCL China Star Optoelectronics Technology. The filing puts ownership after the acquisition at 10.16 percent and the price at USD 960,372,346.7, about KRW 1,271,821 million at the Oct. 28 rate, with payment scheduled in December 2026. Samsung said the won amount can change with the exchange rate, that the terms remain subject to change, and that the purpose is to strengthen strategic cooperation.