Featured Articles

Android Wear installed on 50-100k phones

Android Wear installed on 50-100k phones

Android Wear is a companion app that you need in order to run your new Android Wear watch.

More...
AMD launches 45W desktop Kaveri parts, finally

AMD launches 45W desktop Kaveri parts, finally

AMD has finally launched three 45W Kaveri SKUs, which were in the works for months. The three chips feature configurable TDP,…

More...
Desktop Broadwell LGA is Socket 1150

Desktop Broadwell LGA is Socket 1150

Broadwell was supposed to come in 2014 and it will ship in the last quarter of this year for detachable thin…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 19 January 2009 11:46

Samsung splits into two divisions

Written by Jon Worrel

Image

In response to economic downturn


Just recently, Samsung announced that it will be undergoing a major internal operation that will effectively split the company into two divisions. In addition, a variety of key roles within the management structure will be changed once again.

Nevertheless, both adjustment practices have been presented in an effort to stay afloat during the economic downturn, just a few days before Samsung announces its fourth quarter earnings on the 23rd of this month.

Samsung's first division will be a 'Digital Media and Communications' group headed by Choi Gee-Sung, current president of the company's cell phone unit.  Moreover, the group will focus on mobile phones, televisions, laptops, printers, home appliances and other consumer electronics.

On the other hand, Samsung's current CEO Lee Yoon-woo will head a 'Device Solution' group that will focus on component, semiconductor and LCD manufacturing and production.

In Q3 2008, the company posted a 44% drop compared to the same quarter one year prior.  In response, Samsung spokeswoman Hwang Eun-ju explains, "We needed to effectively respond to the current global recession."  However, the irony begins with the fact that prior to this plan, the company's ex-chairman Lee Kun-hee resigned after being indicted for evading $133 million in taxes.

Last modified on Monday, 19 January 2009 12:07

Jon Worrel

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments