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The move is a follow-up to Samsung Electronics' decision made in April 2017, when the company vowed to retire 899 million common shares and 161 million preferred shares.
The partnership between Samsung and NEC could mobile carriers with flexible 5G solutions that are localised for each region with customised services to meet mobile carriers' demands.
The July-September quarter is expected to mark a peak in earnings as a two-year super cycle of tight supply and soaring demand comes to an end,
India, which boasts more than a billion wireless connections, presents a lucrative opportunity for smartphone makers to expand beyond China and the United States where growth has slowed.
Samsung earlier announced a plan to boost its AI research capabilities and employ about 1,000 specialists by 2020.
The three were found unconscious in the basement of the semiconductor factory in Suwon just south of Seoul, the firm said in a statement.
Samsung and Banolim said they will unconditionally accept terms of compensation and apologies to be drafted over the next two months by a mediator.
The world's biggest maker of memory chips, smartphones and television sets is widely expected to break profit records for the full year.