Samsung to buy US healthcare services company Xealth

Samsung Electronics has acquired Xealth, a U.S. healthcare platform, to bolster its mobile healthcare services. This move aims to create synergy between Samsung's wearable tech and Xealth's digital health platform, connecting over 500 U.S. hospitals with patients. The acquisition is part of Samsung's diversification strategy beyond semiconductors and smartphones, focusing on new growth engines like the medical sector.