Samsung Electronics, through its investment arm Samsung Venture Investment Corporation (SVIC), has started disposing of its Skymedi shares since January 10.

In response, Skymedi claimed that its cooperation with Samsung on product development remains unchanged.

SVIC invested in Skymedi in April 2008, and has been one of Skymedi's major shareholders.

According to Skymedi's consolidated financial report for the first half of 2012, Samsung remained its largest client during the period, accounting for 68% of Skymedi's revenues. However, the proportion was much lower than the 93% reached during the same period of 2011.

By: DocMemory
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