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SAMSUNG RESTRUCTURING
Samsung in rejig mode to boost India play: Company to remove overlapping functions across TV & home appliances unitsSamsung is restructuring its Indian operations to improve profitability in home appliances. This move follows pressure from slowing smartph...- Near-ruin to riches: The story of chip giant SK hynixSouth Korean chipmaker SK hynix faced significant financial challenges after its founding in 1949. SK Group's 2012 buyout and focus on HBM ...
- In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Red alert: 15 stocks most vulnerable to FII selling as DIIs refuse to step inForeign institutional investors have divested approximately $53 billion from Indian equities since September 2024, leading to significant o...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Samsung rejects TV crisis speculation, addresses competitive pressures in ChinaSamsung Electronics dismissed market speculation regarding a crisis within its television business, stating that concerns remained overstat...
- Samsung India rejigs roles and operationsThe country’s largest consumer electronics company by revenue has appointed CH Choi as the new division leader for the consumer electronics...
- Samsung Electronics to merge mobile and consumer electronics divisionsThe sweeping move is the latest sign of centralised change at the world's largest memory chip and smartphone maker, after Vice Chairman Jay...
- Samsung plans refurbished smartphone programme by next yearAs growth in global smartphone market hits a plateau, Samsung wants to maximise its cost efficiency and keep operating margins above 10 per...
- Major rejig at Samsung India after slowest growth rate in a decadeSouth Korean conglomerate Samsung expanded at the slowest pace in India in more than a decade in 2014-15, triggering restructuring, headcou...
- Samsung may lay off 5 per cent of its staff in India to reduce costsSamsung told some 90 employees to put in their papers with immediate effect last week and another 125-150 employees will be asked to leave ...
- Samsung India deputy MD Ravinder Zutshi to retire on December 31Zutshi had spearheaded Samsung’s success in India since the company’s debut in 1995 and assisted in setting up the company’s extensive sale...
- Samsung rejigs leadership team in India, HyunChil Hong new managing directorSamsung Electronics Latin America president HyunChil Hong is going to take over as the new president of the Southwest Asia regional.
- Samsung mobile executives might pay for profit slumps in revamp across 70 companiesThe moves are the latest twist at Samsung as the Lee family restructures its empire and prepares to hand over power to a new generation.
- Samsung adopts mobile phone business strategy for consumer durablesSamsung has restructured its electronics & appliances biz to create 2 sales verticals in a bid to replicate its mobile phone success in the...
- Samsung Mobile revamps sales and distribution in IndiaSamsung Mobile, the world's second largest mobile phone maker, is revamping its sales and distribution structure in India.
- Samsung's workforce shrinks first time in 5 yearsThe number of employees at Samsung Electronics has fallen for the first time in five years, the company said on Monday, though it emphasise...
- S Korea's Samsung Electronics sheds 1,600 jobs: ReportSouth Korea's Samsung Electronics, the world's largest producer of memory chips, has shed more than 1,600 jobs this year --the first fall i...
- Samsung rejigs top deck, opens retail divisionSoon after LG effected an organisational restructuring, Korean counterpart Samsung has also made some changes in its executive portfolio fo...
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