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flag Samsung plans major deals and a massive share buyback to boost stock and competitiveness.

flag Samsung Electronics is exploring major deals to drive growth amid weak earnings and falling stock prices, partly due to lagging behind rivals in advanced memory chips and contract chip manufacturing for AI projects. flag Co-CEO Han Jong-hee apologized for the poor stock performance and pledged meaningful mergers and acquisitions to help recover competitiveness by 2025. flag The company also launched a share buyback plan worth $7.2 billion to support its stock.

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