Samsung internally splits itself into two parts: one for semiconductors, one for electronics

Samsung Electronics has announced that it has started with a major reorganization, which more or less leads to an internal split. Until now, this division of South Korean parent company Samsung had four separate industries, but it will only be two from now on.

The DS branch for semiconductors and displays will continue to exist. The Consumer Electronics and IT & Mobile business segments will be merged under the SET division. The Harman subsidiary is not listed as part of the new industry, but it is likely to be part of it. The semiconductor branch remains the second business unit, which includes the production and design facilities of dram and nand memory, as well as Samsung’s chip foundation and design branches.

Jong-Hee Han will lead the SET segment, and has been named vice chairman and CEO. According to Samsung, he played an important role in growing the television segment. The DS branch has also been given a new leader in the form of Kyehyun Kyung. He was already CEO of the electro-mechanics department and previously also managed the semiconductor branches.

In addition, five other people have been given important positions. For example, the American parts of the SET and DS divisions are getting new faces, and the same applies to the Samsung Advanced Institute of Technology. Hark Kyu Park will become chairman and chief financial officer, and Yongin Park will become chairman of the Systems LSI branch, which was already part of the DS branch, in addition to being chairman.

Source: Samsung

Source: Hardware Info Compleet by

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