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Samsung Regroups
Samsung makes lots of stuff. Lots of different stuff. To reduce internal and external competition, Samsung is splitting into two groups. The consumer group will be responsible for fully-assembled parts: Blu-ray players, cellphones, TVs, computers, refrigerators - complete products. They're going to combine their cellphone, TV, computer and all other consumer businesses into one huge group.
The other group is the electronics parts group. This is the division that makes the parts that go into Samsung and other manufacturers complete products. This is the group that makes displays, chips, flash memory -- the parts that go into other parts.
The move is said to reduce competition and help keep Samsung parts from going into others complete products that compete with Samsung complete products.
Seems like companies are doing everything they can to stay afloat. --Leslie Shapiro
Electronista
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