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Samsung Electronics will acquire FlaktGroup for 1.5 billion euros, its largest deal since 2016. The acquisition aims to strengthen Samsung's position in the growing global HVAC market.

Samsung Electronics will launch the S25 Edge smartphone with a 6.7-inch screen, priced at $1,099. It releases in South Korea on May 23 and the U.S. on May 30.

Vietnam's customs is increasing checks on electronic devices, including Samsung Electronics, to combat counterfeits amid tariff talks with the U.S. due to concerns over counterfeit goods.

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About SAMSUNG ELECTRONICS

Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates through following business divisions: Device Experience (DX), Device Solutions (DS), Samsung Display (SDC), and Harman. The DX division offers televisions, monitors, refrigerators, washing machines, air conditioners, smartphones, network systems, and computers. The DS division deals with semiconductor components including DRAM, NAND Flash, and mobile APs. The SDC division provides OLED panels for smartphones. The Harman division consists of digital cockpits, car audio, and portable speakers. The company was founded on January 13, 1969 and is headquartered in Suwon-si, South Korea.