Samsung to Split Into Two Major Divisions
News Item
Related News
Comments
posted Jan 16, 2009, 8:53 AM by Eric M. Zeman
updated Jan 16, 2009, 8:58 AM
Updated: added info.
Samsung announced a restructuring plan that has the company dividing operations in half. One half will focus on cell phones, TVs and other consumer products. It will be called the Digital Media and Communications division. The other half will focus on the manufacture of components such as displays and memory chips and will be called the Device Solution division. Samsung remains the world's largest manufacturer of Flash memory chips and LCDs. The move is being made in response to softening demand for Samsung's products.
more info at Wall Street Journal »
more info at Yahoo News / AP »
5 comments on this news item ›
Related news:
Samsung to Build Its Own WiMax, LTE Chips Dec 30, 2008
Samsung Attempts Hostile Takeover Of SanDisk Sep 16, 2008
Samsung To Produce Chips For Qualcomm Nov 23, 2005
Samsung Eyeing SanDisk Sep 5, 2008
Japanese Scientists Develop Flash Memory with Lifespan of Hundreds of Years Jul 16, 2008
more related news ›