DEAL Galaxy S24 FE, Galaxy Watch 7. Subscribe today and be the first to learn about One 7 beta!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung may be thinking about spinning off its foundry business

Business
By 

Last updated: March 19th, 2024 at 13:03 UTC+01:00

Samsung has been working on a complex restructuring program for quite some time now. The company has been selling divisions that are weighing down its core businesses and has been taking additional steps to adopt a leaner corporate structure. A new report suggests that Samsung is thinking about reorganizing its foundry business that comes under the System LSI division to systematically grow this business. Samsung is reportedly planning to separate the design and manufacturing operations into the new business unit and spin it off to the fabless and foundry divisions.

Samsung's System LSI division is basically made up of four core segments which include the system on chip team that develops mobile processors, the LSI development team which works on camera sensors and display driver chips, the foundry business team and the support team. It's claimed that Samsung is thinking about forming the fabless division by bringing together the system on chip and LSI development teams and separating them from the foundry business.

This will enable Samsung to grow the business more systematically by separating its semiconductor design and manufacturing capabilities, at least in theory. Samsung has not yet commented on this report so there's no confirmation about any of this just yet.

Via Business Samsung Electronics
Galaxy AI summarized

Scroll for more related content
News For You

You might also like

Samsung’s new landmark display is as big as three basketball courts

Samsung’s new landmark display is as big as three basketball courts

Samsung made our brains melt when we visited its flagship store in South Korea earlier this summer and witnessed one of the largest displays we've ever seen — a 600-inch The Wall screen that, fittingly enough, covered an entire wall. Now, Samsung is at it again. The company has just finished installing an even larger […]

  • By Mihai Matei
  • 2 days ago
Samsung perfectly condensed its new way of being in under 1 minute

Samsung perfectly condensed its new way of being in under 1 minute

Many people might not realize this, but 2024 has been a very special year for Samsung, as the company slowly but surely pivoted to carving itself a new identity. You're not sure what that means? Check out this new one-minute video Samsung just published. Purposefully titled “Love is in the AIr,” Samsung's latest video encapsulates […]

  • By Mihai Matei
  • 2 days ago
Samsung CEO wants employees to make desperate efforts to improve products

Samsung CEO wants employees to make desperate efforts to improve products

Samsung is in a bit of a crisis right now. While the company has been the world's biggest memory chip maker for decades, it seems to have lost its footing in high-end memory chips (HBM) used in AI accelerators and GPUs. In times like these, Samsung CEO urged employees to focus on attaining technology leadership. […]

  • By Asif Iqbal Shaik
  • 5 days ago
Samsung’s profit jumps 72.8% in Q3 2024 despite chip struggles

Samsung’s profit jumps 72.8% in Q3 2024 despite chip struggles

Earlier today, Samsung announced its earnings for the third quarter of 2024. While the company's profits beat market expectations, its struggles in the memory chip market remain. The South Korean firm reported a consolidated revenue of KRW 79.1 trillion ($57.34 billion) and an operating profit of KRW 10.1 trillion ($7.3 billion). Samsung's net profit in […]

  • By Asif Iqbal Shaik
  • 6 days ago
Samsung’s device repair network welcomes 300+ more locations

Samsung’s device repair network welcomes 300+ more locations

Samsung's customer care network is expanding. The company announced today that its partnership with Cell Phone Repair (CPR) by Assurant, an Independent Service Provider (ISP) within Samsung's repair network, is opening more than 300 new service locations before the end of 2024. At the beginning of the year, CPR had roughly 100 locations certified by […]

  • By Mihai Matei
  • 1 week ago
Samsung goes all nostalgic for the ‘glorious Y2K era’

Samsung goes all nostalgic for the ‘glorious Y2K era’

Samsung has become nostalgic for the year 2000 and has partnered with two designers to create new accessories inspired by popular trends of the era. This new collection of accessories, designed for the Galaxy Z Flip 6 and the Galaxy Buds 3, recalls “the simpler and more fun years of our youth,” when the Internet […]

  • By Mihai Matei
  • 2 weeks ago