Samsung announces reorg, splits into two divisions
Keeping the good times rolling today, Samsung has announced that it will undergo a massive reorginization in an effort to stay afloat during the economic downturn. Among the info it smacked shareholders with this morning, the company will split into two separate divisions: a Digital Media and Communications division that will focus on mobile phones, televisions and other consumer electronics, and a Device Solution division that will handle the component, semiconductor and LCD businesses. Current Samsung Electronics CEO Lee Yoon-woo will retain his title and will head the Device Solution division while Choi Gee-sung, current president of Samsung’s cellphone unit, will head up the Digital Media and Communications division. There will also be another healthy round of musical chairs involving a variety of key roles throughout the company. Samsung is scheduled to announce its Q4 2008 earning on January 23rd and this massive announcement exactly one week prior to the earnings call doesn’t bode well to say the least. Samsung posted a 44 percent drop off in Q3 2008, compared to the same quarter one year prior.
SAmSuNg BLoWS!
@RJ
Shut your mouth. Samsung makes fine products. Perhaps you should go back inside the closet till Apple starts making flat screens.
I think RJ is right. Their phones and flat panels are crappy. Sansung sux & blows. LG makes good products and Sony kicks ass!
@Eric
Samsug sucks, but you suck and swalow.
Aside from the fact Samsung makes great products, is the fact they yet more people will more than likely be losing their jobs. I really don’t care if a product is crap or not at this point, we just jobs for everyone.
They make some of the best lcd’s on the market, including all of the dell branded ones. This does not bode well indeed.
they also mak alot of ram too your crapboock pro your dell laotops al run on samsung ram
^Once again? And in English this time?
rofl^^ both my hdtvs are samsungs.. <3 samsung 46″ high gloss ftw
I was gonna say buy American! but 90% of the electronics are made in Asia… :S
Boy Genius got this wrong. Samsung isn’t splitting. There used to be 4 divisions under Samsung Electronics. Now there will be two. It is more of a merger of divisions.
And Samsung makes excellent products
I’ve had a Samsung 61″ DLP for over a year now , And Lov-en it .