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Samsung Reorganizes Businesses to Fight Slump |
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Samsung Reorganizes Businesses to Fight Slump
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By Allen Tsai | Sat Jan 17, 2009 11:17 am |
Samsung today announced a major restructuring, streamlining its businesses into two major groups as the company deals with the slowing global economy.
Samsung CEO Lee Yoon-Woo will oversee a new Device Solution division combining the semiconductor and LCD businesses. The company also plans a Digital Media and Communications division to be headed by Choi Gee-Sung, bringing together under one umbrella televisions, cell phones and other consumer electronics such as printers, computers and home appliances.The Digital Media and Communications division will be led by Choi Gee-Sung, bringing together under one umbrella televisions, mobile phones and other consumer electronics. Mr. Choi has been president of the company's cell phone operation for the last two years and led the TV and video business before that. Samsung ranks second behind Finland's Nokia in mobile phones.
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Mon Feb 06, 2012 12:09 pm | By
Samsung's ultra-slim Galaxy S3's sleeker design and other rumored features could directly compete with Apple's iPhone 5 when released this spring.
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Fri Feb 03, 2012 11:53 am | By
Apple is widening its patent case against Samsung in Australia, suggesting the lawsuit between the two competitors is going to intensify before any resolution.
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Wed Feb 01, 2012 4:00 pm | By
Samsung will delay the release of the Galaxy S3 smartphone until later this year, banking on the success of current offerings to produce strong sales well into 2012.
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Tue Jan 31, 2012 2:21 pm | By
The European Commission is investigating whether Samsung's use of patents to sue Apple breaks EU antitrust rules, a development that may put the company's expanding cases and other companies' court actions in jeopardy.
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Mon Jan 30, 2012 4:38 pm | By
Samsung will launch its Galaxy Note tablet in the U.S. through AT&T on Feb. 19, with a $300 price tag, a move which will introduce a hybrid product into the highly competitive mobile device market.
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More Phones: Samsung |
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Editorials & Opinion
By Margaret Rock
The 54th Grammy Awards is just days away, and the show will harness mobile and social media technology as old media tries to keep pace with new trends among its viewing audience.
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