Samsung Electronics Co., Ltd. (KOSE:A005930) is taking steps to sell off its In-Vitro Diagnostics (IVD) business unit. Samsung is talking with Nipro Corporation on the sale of the business unit. "Samsung Electronics proposed that Nipro take over all of its employees and Nipro accepted it,” source close to the matter said.

"Currently, we will sell the IVD business unit only and there is no plan to sell the rest of our diagnostic imaging equipment business," Samsung said with respect to the possible sell-off of other medical business units. “The company will honor its policy to focus on synergies and competitiveness in the field of imaging diagnostic devices."