Here is a sample of my writing:
Samsung Electronics Co. Secures Future Growth For Its Investors With BYD Stock Purchase
Hoping to cash in on the increasing sales of next-generation electric vehicles and self-driving cars, Samsung Electronics Co. said it will purchase a stake of their own in the $2.3 billion worth of shares currently being offered by the China-based automaker, BYD Co.
The plan by Samsung Electronics to acquire the BYD shares, in order to secure the company’s future growth, is well-founded. By investing in the growing electric car market through the purchase of BYD shares, Samsung Electronics may well be able to carve own its own niche in the lucrative business of supplying electronic car components, including car batteries, to this ever-expanding and successful maker of electric and self-drive cars.
Samsung Electronics isn’t alone in its quest to get into the electric car market. Their investment in BYD follows the precedent set by other technology giants like Google-parent Alphabet Inc. and also Apple Inc., who are looking to fuel their company growth by developing electric cars of their own.
The Samsung Electronics stock purchase of BYD shares, however, differs in the fact that Samsung will not get involved with the actual design and manufacturing process of making electric cars. Instead, they will defer any management decisions of this nature to BYD, which is currently backed by Warren Buffet’s Berkshire Hathaway, Inc.