Given that
Samsung is one of only two smartphone vendors in the world to post significant profits, it’s not surprising that it has been accumulating a massive pile of cash that it can plug into research and development or even return to shareholders as part of increased dividend payments.
The Wall Street Journal notes that
Samsung’s latest earnings report shows that the company now has almost $40 billion in cash and cash equivalents, while its net cash position minus debt is around $28.5 billion.
Continue reading…
