China approves HP’s $1.1b buy of Samsung’s printer business with curbs

Children look at a mobile phone in front of an advertisement of Samsung Electronic at its store in Seoul, South Korea, April 27, 2017. REUTERS/Kim Hong-Ji

China said on Thursday it has approved HP Inc’s $1.1 billion purchase of Samsung Electronics’ printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market.

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