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Samsung Unloads Tech Shares as Recall Starts to Burn

September 19, 2016

As it grapples with a massive global smartphone recall that is estimated to cost more than $1 billion, Samsung Electronics Co. is moving swiftly to sell stakes in other technology companies to raise cash.

The world biggest smartphone’s maker said Sunday it has sold shares in computer-driver maker Seagate Technology PLC, chip maker Rambus Inc.

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